The Torrance real estate market trended slightly off pace in September when compared to August with 23 less sales recorded.
Despite this news, however, the market median sales price remained strong at $616k.
Though, as one might expect, the sales/listing ratio dropped from 48% in August to 37.1% in September.
Last, another data point that trended slightly off pace was the year-over-year months of inventory which increased to 2.7 in 2014 compared to 2.0 in 2013.
To get the complete Torrance market report for September please contact Hady at or click here to submit a request.