Although the Torrance real estate market has experienced some of the general pain that has effected the entire South Bay market single family homes sales in November actually increased in November compared to the previous year. This past month the South Bay Association of Realtor reported 53 single family home sales with another 35 pending compared to 48 sales with another 39 pending in November 2007.
Torrance Single Family Homes Sales November 2008
Average sold price for a single family homes in Torrance dropped to $623,000 in November compared to $671,000 in November of 2007. However, the average price for single family homes sold in Torrance has actually been increasing the last few months since hitting a low of $594,000 in September.
