Real estate interest for the Torrance market remains strong with 100 properties changing hands in August.
Even the market median sales price improved from $659K reported in July to $680K recorded in August – a $21K delta.
Despite strong sales and total listing the sales/listing ratio dropped a marginal 11.9% to end the month at 46.7%.
Finally, the MLS reports year-over-year months of inventory for August declined 4.8% in 2015 compared to 2014.
To get the complete Torrance market report for August please contact Hady at or click here to submit a request.