Torrance 2nd Qtr 2022 Market Report
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance 2nd Qtr 2022 Market ReportTorrance real estate prices went up by over 20 percent in the 2nd quarter of 2022 compared with the same period a year ago. Sales have done down by 17% as the affordability has become an issue our area. Rising interest rates have also negatively impacted home sales. Below is the breakdown of the data for single family sales only, based on CRMLS.Contact Krystyna Ryan your local broker for your free home evaluation. Call (310)918-5027 or email krystynarealestate@gmail.com Torrance 2nd Qtr '22 2nd Qtr '21 Difference No of Homes Sold 224 270 -17% Median Sold Price $1,250,000 $1,010,444 +24% Avg Sold Price $1,286,785 $1,055,851 +22% My team specializes in Torrance real estate. Visit us at:Torrance Real Estateto access all current Torrance listings, market...
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