Thursday, November 8, 2012

Homes for Sale in Torrance

There are roughly 464 homes for sale in Torrance, California.  The Torrance community ranges from middle to upper class in terms of income per household.  Torrance is divided into nearly four sections from South Torrance, West Torrance, North Torrance and what is considered as Central Torrance which runs the furthest east and borders several cities including Gardena, and Lomita.

For ease of reading, I will be breaking down the 4 sections of Torrance with respect to properties listed.  This will make it easier to understand where the high and low end properties of the city are located and the price you might be looking at when buying or selling a home in this area.

North Torrance Housing Price Range $399,900 - $715,000
  • High $715,000 - Includes 4 Bedroom and 2 1/2 Bath with a total living space of 2,554 square feet.  It is located on  W. 179th Street. The property is clearly a standout on the street and is close to schools, shopping centers and freeways.

    • My Comments - 2500 square feet is nothing to sneeze at and provides more than enough living space for your average family.  However, the price is probably $100k over any other property on the block and is in a good neighborhood, however you could probably find something slightly smaller for the same price in one of the better neighborhoods in West or South Torrance. 

  • Low (Please note, I did not include foreclosures) - $399,900  - Includes 3 bedrooms, 2 bath in 1304 square feet.  This home is located at 16707 Cerise Ave, Torrance CA.  As most homes in North Torrance, schools and freeway access is not a problem.

    • My Comments - The home has great curb appeal and while I believe $400k for a 1300 square foot home is on the high side, it is not going to get any cheaper as prices are gradually increasing.  This home has hardwood floors, a lovely fireplace.  The one benefit of having the lower square footage is the wonderful front and backyard.
Here are the median sales prices of single family homes in North Torrance in the zip code 90504.  As you can see, it looked like it bottomed in January of 2011 and is in a current uptrend.   Currently the Median sale price is roughly $450,000 in this area/zip code.

90504, Torrance median sales prices

No comments:

Post a Comment