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Page 12

Torrance FEBRUARY STATS Key Facts:

$810,000

Median Sold Price

$831,000

Average Sold Price

71

Median Price (in $1,000)

$775

$810

5%

Average Price Per Sq. Foot

$517

$554

7%

Properties for Sale

120

71 -41%

Properties Pending Sales

60

108 80%

Properties Sold

43

61 42%

Days on Market (Sold Homes)

34

42 24%

Monthly Supply of Inventory

2.8

1.2 -57%

Absorption Rate (Closed Sales) 35.8

85.9 140%

Listings for Sale

108

Listings Pending

FEB FEB % 2019 2020 Change

AVERAGE & MEDIAN PRICE $3,500 $1,000

$831

$900

$3,000

$810

$800

61

$2,593

$2,500$700

Listings Sold

$600

$2,000

$1,655

$500

42

Days On Market

$1,500$400 $300

$1,000

$200

$500

$100

$-

$Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2020

Median

Average

Profile for RE/MAX Estate Properties

RE/MAX Estate Properties SouthBay Market Intelligence Report  

Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate market....

RE/MAX Estate Properties SouthBay Market Intelligence Report  

Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate market....