Torrance- County Strip DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$401,000
$425,000
$473,750
$465,000
16.0%
Average Price per Square Foot ...........................
$330
$353
$299
$314
-4.8%
Properties Sold .......................................................
7
6
4
7
0.0%
Properties Pending Sale .......................................
11
3
4
8
-27.3%
Properties For Sale ................................................
27
27
21
23
-14.8%
Days on Market (Pending Sale) ...........................
41
80
43
48
17.1%
Month’s Supply of Inventory ................................
3.9
4.5
5.2
3.3
-14.8%
Percent Under Contract ........................................
40.7%
11.1%
19.0%
34.8%
-14.6%
Average Median Price for Last 12 Months ........
$400,000
$439,958
$461,833
$438,788
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$401
MAY
$465,000
JUN JUL
MEDIAN SALES PRICE
AUG
$314
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com