The Torrance average sales price decreased by 5.6 percent in August 2009 compared to August 2008, bringing the average price to $505,433. The number of sales increased to 114 closed sales.
|
Torrance |
Sold |
Average |
Average |
|
August 2009 |
114 |
$505,433 |
67 |
|
August 2008 |
113 |
$533,890 |
64 |
*All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices
Average home price in Torrance continued to slide till January and rose in February, March and May as follows: December 2008 - $478,307, January 2009 - $451,563, February 2009 - $477,944, March 2009 - $519,707, April '09 - $458,037, May '09 - $514,395. We then saw a slight reversal of the upward trend. Average price decreased slightly to $506,104 in June and $508,543 in July. It remained in that same range in August.
If you have any questions re. this report, or would like to receive a free market report for your house or area, please call me at (310)918-5027 or send me an email. I'll be glad to help!
Search Torrance Homes and Condos For Sale by Price Range:
| All Listings | Under $250,000 | $250,000 - $400,000 |
| $400,000 - $500,000 | $500,000 - $600,000 | $600,000 - $700,000 |
| $700,000 - $800,000 | $800,000 - $900,000 | $900,000 - $1,000,000 |
| Over $1,000,000 |
The Redondo Beach average sales price in August 2009 increased by 5.8 percent compared to the same period a year ago, bringing the average price to 744,190. The number of sales went down by 2 sales.
Sales in Redondo Beach over last few months reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.
| Redondo Beach |
Sold Listings |
Average Sales Price |
Average DOM |
| August 2009 | 73 | $744,190 | 83 |
| August 2008 | 74 | $703,296 | 64 |
All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
There are indications that Redondo Beach home prices have stabilized. Here is how the average home price changed over the last few months - Average home price was $749,974 in January 2009; it went down again in Feb to $653,411. It went up in March '09 to $712,135 and it increased again in April to $763,785. Average price in May was $734,942 and dropped 3% in June to $713,346 and it increased to $715,639. Average price went up again in August '09 to $744,190.
If you want to learn more about Redondo Beach and South Bay real estate, please contact me at 310-918-5027 or visit www.RedondoBeachRealEstateOnline.com today!
The Redondo Beach average sales price in July 2009 decreased by 12.7 percent compared to the same period a year ago, bringing the average price to $713,638. The number of sales increased by 26%.
All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Redondo
BeachSold
ListingsAverage
Sales PriceAverage
DOM
July 2009
73
$715,638
71
July 2008
58
$819,378
59
To begin searching for Redondo Beach and Los Angeles County homes, please use our Los Angeles County MLS search .
Call Krystyna - your Redondo Beach Realtor at (310)918-5027 or e-mail Krystyna@ISellSouthBay.com
IT'S A GREAT TIME TO BUY! Prices have gone down and interest rates are low - contact me and I'll help you find your dream home! Curious about home sales in your neighborhood? Click here!
The Torrance average sales price decreased by 11.4 percent in July 2009 compared to July 2008, bringing the average price to $5508,543. The number of sales increased to 118 closed sales - 11.3 increase in volume!
|
Torrance |
Sold |
Average |
Average |
|
July 2009 |
118 |
$508,543 |
118 |
|
July 2008 |
106 |
$574,163 |
106 |
*All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices. Average home price in Torrance continued to slide till January and rose in February, March and May as follows:
December 2008 - $478,307, January 2009 - $451,563, February 2009 - $477,944, March 2009 - $519,707, April '09 - $458,037, May '09 - $514,395, June '09 - $506,104, July '09 - $508,543.
If you want to learn more about South Bay and Los Angeles County real estate, please contact me at 310-918-5027
Visit www.TorranceRealEstateOnline.com for all of your Torrance Real Estate needs!
To begin searching for Los Angeles county homes, please use our Los Angeles County MLS search
Here is the latest Walteria market report from www.WalteriaProperties.com
In the 1st half this year, 19 homes sold in Walteria, with the avg price of $665,205 compared with 25 homes sold a year ago and the avg price of $690,834.
Average DOM (days on the market) was 84 days compared with 62 days in the same period a year ago. Prices dropped on average 3.7% and sales dropped as well. Sales were much stronger in other parts of Torrance - see Torrance real estate market update.
Torrance-Walteria Sold
ListingsAverage
Sales PriceAverage
DOM1st 6 MOS 2009 25 $665,205 84 1st 6 MOS 2008 19 $690,834 62 *All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices. Walteria sales picked up in May.
Get FREE Home Evaluation
Recently sold in WalteriaPlease call your local Walteria real estate expert - Krystyna Baty at 310-918-5027 or visit www.WalteriaProperties.com for all current Walteria real estate information.
Visit www.TorranceRealEstateOnline.com for latest Torrance real estate news, free MLS, free Torrance home evaluation and much more...
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DRE License #01485187 Torrance Real Estate, Palos Verdes Real Estate, Walteria Real Estate, Redondo Beach Real Estate, Hermosa Beach Real Estate, Torrance Real Estate agent, Manhattan Beach Realtor
As the specialist in Torrance CA Real Estate, Redondo Beach CA Real Estate, Palos Verdes Peninsula Real Estate, and whole Greater South Bay area, I created this website to help you access local housing markets. MLS Property Search allows you to search all South Bay and Southern California homes and properties listed for sale.
I want to be your South Bay Realtor. Let me put you on the path to the perfect real estate transaction. I subscribe to the National Association of Realtors Code of Conduct.
Krystyna Baty specializes in relocation assistance for buyers who are relocating to the Greater South Bay area. As the South Bay resident, I know it's a great place to call home, and I'd be happy to help you get settled here in your new South Bay home.
Please call Krystyna Baty at 310 918 5027 with any of your South Bay and Palos Verdes Peninsula Real Estate questions.
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TORRANCE CA REAL ESTATE AND HOMES FOR SALE
Welcome to www.TorranceRealEstateOnline.com - the Torrance, CA homes and real estate portal: your single stop for finding a home in Torrance, CA. Here you can search every Torrance home for sale available in Torrance, CA
SEARCH TORRANCE HOMES AND CONDOS FOR SALE BY AREA OR ZIP CODE
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REDONDO BEACH CA REAL ESTATE AND HOMES FOR SALE
Search Redondo Beach MLS Listings By Area
Search Redondo Beach Homes and Condos For Sale by Price Range:
All Listings Under $400,000 $400,000 - $500,000 $500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
Search Redondo Beach Homes, Condos and Investments by Property Type
As the Redondo Beach CA real estate professional and local expert, I can do more than just provide you with Redondo Beach CA Real Estate listings. Whether you are interested in beautiful Hollywood Riviera homes, South Redondo Beach real estate, North Redondo homes, or Redondo Beach investment properties, I would be happy to help you with your needs for Redondo Beach real estate. Call Krystyna - your Redondo Beach Realtor available to answer all of your Redondo Beach real estate questions.
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