Torrance real estate statistics and analysis for October 2014. Includes homes sales, listings and historical performance on a month to month and year over year basis.

1. Torrance Residential Real Estate Market Conditions
October 2014

2. Table of Contents
Key Statistics for October
Sales
2014 Residential Sales Stats
Year-to-Year Total Sales by Map Area
Median
2014 Median Sales Stats
Year-to-Year Median Sales by Map Area
Listings
2014 Active Listings by Map Area
2014 Total Active Listings vs. Total Sales
Year-to-Year Active Listings by Map Area
Inventory
2014 Months of Inventory by Map Area
Year-to-Year Months of Inventory
Outlook for November
About Hady Chahine
Contact Information

3. Key Statistics for October
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= trending positive = trending positive
= trending negative = trending negative
Month-to-Month Comparison Sep 2014 Oct 2014 Delta (qty) Delta (%) Increase Decrease
Total Sales 75 91 16 21.3%
Median Sales Price 616,000 628,000 12,000 1.9%
Median Days to Sell 46 36 -10 -21.7%
Listings 202 199 -3 -1.5%
Sales/Listing Ratio 37.1% 45.7% 8.6% 23.2%
Months of Inventory 2.7 2.2 -0.5 -18.5%
Monthly Comparison Year-to-Year Oct 2013 Oct 2014 Delta Delta Increase Decrease
Total Sales 74 91 17 23.0%
Median Sales Price 671,000 628,000 (43,000) -6.4%
Median Days to Sell 44 36 -8 -18.2%
Listings 209 199 -10 -4.8%
Months of Inventory 2.3 2.2 -0.1 -4.3%

4. Back to Table of Contents
Total Sales Month-to-Month by Map Area Aug Sep Oct
Central Torrance 17 17 18
South East Torrance - West 10 3 5
Hollywood Riviera 18 6 15
South Torrance 5 7 8
Southwood 5 5 5
West Torrance 5 6 5
N Torrance - West 11 7 11
N Torrance - East 8 3 8
Old Torrance 12 14 9
South East Torrance - East 7 7 7
Total Sales 98 75 91
0
10
20
30
40
50
60
70
80
90
100
Aug Sep Oct
2014 Total Sales Month-to-Month by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Sales

5. Back to Table of Contents
Total Sales Year-to-Year by Map Area 2012 2013 2014
Central Torrance 16 15 18
South East Torrance - West 10 7 5
Hollywood Riviera 11 8 15
South Torrance 4 8 8
Southwood 9 3 5
West Torrance 6 10 5
N Torrance - West 10 4 11
N Torrance - East 11 4 8
Old Torrance 12 7 9
South East Torrance - East 7 8 7
Total Sales 96 74 91
0
10
20
30
40
50
60
70
80
90
100
2012 2013 2014
Total Sales Year-to-Year by Map Area: October
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Sales

6. Back to Table of Contents
Median Sales Price Month-to-Month by Map Area Aug Sep Oct
Central Torrance 595,000 525,000 519,000
South East Torrance - West 738,750 379,000 780,000
Hollywood Riviera 1,019,000 1,120,500 999,000
South Torrance 742,000 825,000 748,750
Southwood 717,000 750,000 725,000
West Torrance 775,000 791,000 705,100
N Torrance - West 549,900 544,000 590,000
N Torrance - East 560,000 550,000 569,500
Old Torrance 546,500 565,000 510,000
South East Torrance - East 648,000 569,000 695,000
Market Median Sales Price 661,000 616,000 628,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Aug Sep Oct
2014 Median Sales Price Month-to-Month by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Market Median Sales Price

7. Back to Table of Contents
Median Sales Price Year-to-Year by Map Area 2012 2013 2014
Central Torrance 474,000 575,000 519,000
South East Torrance - West 566,500 865,000 780,000
Hollywood Riviera 770,000 923,000 999,000
South Torrance 644,000 625,000 748,750
Southwood 650,000 729,000 725,000
West Torrance 617,500 785,000 705,100
N Torrance - West 380,850 461,813 590,000
N Torrance - East 445,000 530,000 569,500
Old Torrance 357,500 458,000 510,000
South East Torrance - East 625,000 695,000 695,000
Market Median Sales Price 534,000 671,000 628,000
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
2012 2013 2014
Median Sales Price Year-to-Year by Map Area: October
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Market Median Sales Price

8. Back to Table of Contents
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Central Torrance 17 18 25 26 32 36 37 30 29 26
South East Torrance - West 9 9 8 6 15 17 20 13 18 21
Hollywood Riviera 14 13 18 17 23 23 31 24 23 22
South Torrance 8 13 17 17 14 18 18 17 15 14
Southwood 4 4 4 7 12 12 7 6 3 7
West Torrance 10 10 11 15 16 13 14 15 14 13
N Torrance - West 20 19 23 26 18 23 22 26 34 27
N Torrance - East 7 8 10 6 7 12 14 9 14 15
Old Torrance 18 16 19 25 38 39 41 42 36 37
South East Torrance - East 12 13 15 21 25 26 16 22 16 17
Total Active Listings 119 123 150 166 200 219 220 204 202 199
-
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Active Listings by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East

9. Back to Table of Contents
Active Listings vs. Total Sales by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Central Torrance 17 18 25 26 32 36 37 30 29 26
South East Torrance - West 9 9 8 6 15 17 20 13 18 21
Hollywood Riviera 14 13 18 17 23 23 31 24 23 22
South Torrance 8 13 17 17 14 18 18 17 15 14
Southwood 4 4 4 7 12 12 7 6 3 7
West Torrance 10 10 11 15 16 13 14 15 14 13
N Torrance - West 20 19 23 26 18 23 22 26 34 27
N Torrance - East 7 8 10 6 7 12 14 9 14 15
Old Torrance 18 16 19 25 38 39 41 42 36 37
South East Torrance - East 12 13 15 21 25 26 16 22 16 17
Total Active Listings 119 123 150 166 200 219 220 204 202 199
Total Sales 60 63 77 74 94 73 106 98 75 91
Sales/Listings Ratio 50.4% 51.2% 51.3% 44.6% 47.0% 33.3% 48.2% 48.0% 37.1% 45.7%
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50
100
150
200
250
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Total Active Listings vs. Total Sales
Total Active Listings
Total Sales

10. Back to Table of Contents
Active Listings Year-to-Year by Map Area 2012 2013 2014
Central Torrance 38 31 26
South East Torrance - West 15 8 21
Hollywood Riviera 17 27 22
South Torrance 22 13 14
Southwood 4 13 7
West Torrance 26 23 13
N Torrance - West 26 27 27
N Torrance - East 11 13 15
Old Torrance 25 34 37
South East Torrance - East 16 20 17
Total Active Listings 200 209 199
0
50
100
150
200
250
2012 2013 2014
Active Listings Year-to-Year by Map Area: October
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East
Total Active Listings

11. Back to Table of Contents
Months of Inventory by Map Area Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Central Torrance 2.1 2.6 2.5 2.6 1.5 3.6 1.6 1.8 1.7 1.4
South East Torrance - West 1.3 3.0 1.3 2.0 7.5 3.4 10.0 1.3 6.0 4.2
Hollywood Riviera 2.3 1.3 3.0 1.7 3.3 2.6 2.2 1.3 3.8 1.5
South Torrance 2.0 2.6 2.4 1.9 2.0 3.0 1.6 3.4 2.1 1.8
Southwood 1.0 1.3 1.0 2.3 4.0 3.0 0.9 1.2 0.6 1.4
West Torrance 1.1 2.0 1.6 3.8 1.2 1.4 1.6 3.0 2.3 2.6
N Torrance - West 1.8 1.7 1.9 1.9 1.2 2.6 1.2 2.4 4.9 2.5
N Torrance - East 7.0 4.0 1.4 0.8 0.7 3.0 2.8 1.1 4.7 1.9
Old Torrance 2.0 1.2 2.7 3.1 4.8 3.9 5.1 3.5 2.6 4.1
South East Torrance - East 12.0 3.3 1.4 4.2 3.6 3.7 2.0 3.1 2.3 2.4
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2.0
4.0
6.0
8.0
10.0
12.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 Months of Inventory by Map Area
Central Torrance
South East Torrance - West
Hollywood Riviera
South Torrance
Southwood
West Torrance
N Torrance - West
N Torrance - East
Old Torrance
South East Torrance - East

12. Back to Table of Contents
Months of Inventory Year-to-Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 3.7 5.4 3.2 3.3 3.0 3.0 2.7 2.8 2.4 2.1 2.1 1.8
2013 2.6 2.7 1.5 1.6 1.8 2.0 1.9 2.2 2.0 2.3 2.0 1.0
2014 2.0 2.0 2.0 2.2 2.1 3.0 2.1 2.1 2.7 2.2
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1.0
2.0
3.0
4.0
5.0
6.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Months of Inventory Year-to-Year
2012
2013
2014

13. Outlook for November
Real estate activity for the Torrance market during the month of October proved reassuring as improvements were recorded for total sales, market median sales price, median days to sell, sales/listing ratio, and months of inventory. Similar conclusions were revealed when data was analyzed from a year-over-year perspective with total sales, median days to sell, and months of inventory increasing by single and double digit figures.
“What is my opinion of potential real estate activity for November?” you ask. The simple answer is more of the same. I say this because mortgage money remains inexpensive and readily available to demanding buyers who continue to exhibit a strong interest in securing residential property and, as expected, there appears to be an abundance of sellers willing to accommodate. Put another way, the forces of supply and demand are moving in a positive direction with no short-term foreseeable obstacle to obstruct this trending behavior.
Your recap…
Back to Table of Contents Month-to-Month ComparisonSep 2014Oct 2014Delta (qty)Delta (%)IncreaseDecreaseTotal Sales75911621.3% Median Sales Price616,000 628,000 12,000 1.9% Median Days to Sell46 36 -10-21.7% Listings202 199 -3-1.5% Sales/Listing Ratio37.1%45.7%8.6%23.2% Months of Inventory2.7 2.2 -0.5-18.5%

14. Back to Table of Contents
Serving South Bay Home Buyers and Sellers Since 2001
RE/MAX Top 4 Team in California – 2012
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Shorewood Realtors Top 5% in Overall Sales 2001-2006, 2008-2010
About Hady Chahine…

15. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
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