Torrance residential real estate activity held strong in May with 107 closed transactions.
The market median sales price also improved by 0.3% or $2K.
The news get even better with the sales/listing ratio, which climbed 6.7% from 59.3% in April to close out May at 63.3%.
Last, the year-over-year months of inventory data point dropped 23.8% from 2.1 reported in May 2014 to 1.6 recorded in May 2015.
To get the complete Torrance market report for May please contact Hady at or click here to submit a request.