Torrance- North DATA*
Mar 2014
6 month
3 month
Mar 2015
% change
Median Price ..........................................................
$541,900
$550,000
$567,500
$590,000
8.9%
Average Price per Square Foot ...........................
$395
$377
$386
$422
6.8%
Properties Sold .......................................................
18
9
18
18
0.0%
Properties Pending Sale .......................................
20
14
11
18
-10.0%
Properties For Sale ................................................
47
48
31
40
-14.9%
Days on Market (Pending Sale) ...........................
36
62
50
27
-25.0%
Month’s Supply of Inventory ................................
2.6
5.3
1.7
2.2
-14.9%
Percent Under Contract ........................................
42.6%
29.2%
35.5%
45.0%
5.8%
Average Median Price for Last 12 Months ........
$521,000
$577,992
$581,817
$557,908
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot MAR
$541
APR
$590,000
MAY JUN
MEDIAN SALES PRICE
JUL
$422
AUG SEP
AVERAGE PRICE PER SQ FT
OCT NOV DEC
2.2 MONTH’S SUPPLY OF INVENTORY
JAN FEB MAR
$590 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 : March 2015
telesproperties.com