April was a super-encouraging month for real estate activity in Torrance with a 32.9% increase in home sales leading the news!
The positive momentum continued with the market median sales price, which jumped $48K to end the month at $668K.
More positivity? Okay, how about an 18.6% increase in the sales/listing ratio despite a 12% rise in total listings?
Finally, a look at the year-over-year months of inventory reveals a 15% improvement in favor of home sellers in 2015.