Total residential sales for the Torrance real estate market climbed 0.9% from June to end July at 107.
Also trending positive was the market median sales price, which improved by $34K or 5.4%.
Although the sales/listing ratio dropped 15.5%, this is explained by stable sales relative to a 19.5% jump in listings.
Last, analyzing the year-over-year months of inventory shows a 4.8% decline from July 2014 to July 2015.
To get the complete Torrance market report for July please contact Hady at or click here to submit a request.