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Torrance Home Market Report: July, 2008, Single-Family Homes


Torrance Home Sale Report by Market Area

Use this sheet to see basic statistics on the market gouped by market area.

Area: Pacific Square (1)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 459,900 127 - 4 2.00 1951 1,665 5,400
Max 459,900 127 - 4 2.00 1951 1,665 5,400
Avg 459,900 127 - 4 2.00 1951 1,665 5,400
Sum 459,900 -
Area: Harbor Gateway (12)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 299,900 4 424,000 2 1.00 1926 924 4,500
Max 549,000 122 519,000 4 3.00 1964 1,679 9,000
Avg 428,833 46 460,667 3 1.50 1944 1,266 6,339
Sum 5,146,000 1,382,000
Area: County Strip (31)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 239,187 2 330,000 2 1.00 1940 819 0
Max 649,000 350 500,000 6 4.00 2005 2,107 23,180
Avg 444,676 72 389,143 3 2.05 1965 1,386 5,820
Sum 13,784,962 2,724,000
Area: Walteria (25)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 478,900 540,000 2 1.00 1937 858 3,123
Max 1,150,000 227 900,000 6 4.00 2001 2,836 9,736
Avg 739,014 56 732,500 3 2.24 1963 1,672 5,924
Sum 18,475,350 8,057,500
Area: Central Torrance (18)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 539,000 2 820,000 2 1.00 1946 856 2,421
Max 999,000 154 855,000 4 4.00 2007 3,230 8,280
Avg 752,928 39 831,667 4 2.50 1978 2,150 5,348
Sum 13,552,700 2,495,000
Area: South East Torrance – West (16)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 479,000 2 650,000 3 2.00 1956 1,118 4,800
Max 1,150,000 97 945,000 6 4.00 1999 3,844 7,470
Avg 752,181 34 797,500 4 2.50 1965 1,953 5,932
Sum 12,034,900 1,595,000
Area: Hollywood Riviera (11)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 739,000 17 810,000 3 2.00 1948 1,396 5,000
Max 1,200,000 272 1,115,000 4 4.00 1990 3,312 8,400
Avg 928,891 90 962,500 4 2.41 1960 1,809 6,763
Sum 10,217,800 1,925,000
Area: South Torrance (14)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 379,900 6 587,000 2 1.00 1947 1,210 5,194
Max 1,490,000 349 722,500 5 3.50 1990 3,350 10,598
Avg 817,329 99 654,750 3 2.25 1961 1,708 7,092
Sum 11,442,600 1,309,500
Area: Southwood (14)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 600,000 3 600,000 3 2.00 1955 1,120 5,200
Max 769,000 185 715,000 4 3.00 1956 1,813 7,260
Avg 691,486 39 668,650 3 2.14 1955 1,444 5,827
Sum 9,680,800 4,011,900
Area: West Torrance (35)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 538,900 500,000 2 1.00 1950 907 5,000
Max 1,190,000 191 1,010,000 5 4.00 2002 3,175 9,570
Avg 733,583 34 730,167 3 1.93 1959 1,610 6,010
Sum 25,675,400 8,762,000
Area: N Torrance – West (21)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 435,000 2 505,000 2 1.00 1950 727 0
Max 968,000 183 575,000 5 4.00 2006 3,006 6,215
Avg 565,492 42 545,525 3 2.00 1959 1,469 5,054
Sum 11,875,335 2,182,100
Area: N Torrance – East (16)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 390,000 7 390,000 2 1.00 1947 901 5,000
Max 700,000 250 649,000 6 3.00 1966 2,082 8,450
Avg 547,638 48 508,200 3 1.94 1955 1,504 5,737
Sum 8,762,200 2,541,000
Area: Old Torrance (12)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 357,900 2 530,000 2 1.00 1922 786 1,600
Max 859,900 200 651,000 4 3.00 2003 2,276 7,000
Avg 552,392 53 590,500 3 1.92 1939 1,321 4,820
Sum 6,628,700 1,181,000
Area: South East Torrance (17)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 575,000 7 575,000 3 1.00 1947 907 5,300
Max 999,900 158 925,000 4 3.50 2007 3,000 7,662
Avg 720,038 44 760,400 3 2.47 1962 1,959 6,285
Sum 12,240,650 3,802,000
Area: Out of Area (5)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 330,000 7 - 3 2.00 1949 1,057 5,450
Max 714,000 183 - 5 3.00 1972 1,845 8,250
Avg 525,800 57 - 4 2.20 1957 1,548 6,517
Sum 2,629,000 -
Area: All (248)
List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt
Min 239,187 330,000 2 1.00 1922 727 0
Max 1,490,000 350 1,115,000 6 4.00 2007 3,844 23,180
Avg 655,671 52 655,750 3 2.13 1960 1,628 5,900
Sum 162,606,297 41,968,000

 

Torrance Demographics

As of the census[5] of 2000, there were 137,946 people, 54,542 households, and 36,270 families residing in the city of torrance. The population density was 2,593.1/km² (6,715.7/mi²). There were 55,967 housing units at an average density of 1,052.0/km² (2,724.7/mi²). The racial makeup of the city was 59.16% White, 28.61% Asian, 4.72% from two or more races, 4.57% from other races, 2.19% Black or African American, 0.41% Native American and 0.35% Pacific Islander. 12.79% of the population were Hispanic or Latino of any race.

Because of the large Japanese commercial and industrial presence in Torrance, the city has one of the highest concentrations of Japanese expatriates and Japanese Americans in the United States. Among Los Angeles citizens, Torrance is known for its large Asian American population.

There were 54,542 households out of which 31.1% had children under the age of 18 living with them, 52.1% were married couples living together, 10.3% had a female householder with no husband present, and 33.5% were non-families. 27.5% of all households were made up of individuals and 9.1% had someone living alone who was 65 years of age or older. The average household size was 2.51 and the average family size was 3.10.

In the city the population was spread out with 23.0% under the age of 18, 6.8% from 18 to 24, 32.4% from 25 to 44, 23.8% from 45 to 64, and 14.1% who were 65 years of age or older. The median age was 39 years. For every 100 females there were 94.7 males. For every 100 females age 18 and over, there were 91.5 males.

According to a 2006 estimate, the median income for a household in the city was $68,324, and the median income for a family was $82,110.[8] Males had a median income of $51,472 versus $37,114 for females. The per capita income for the city was $28,144. About 4.5% of families and 6.4% of the population were below the poverty line, including 7.0% of those under age 18 and 6.8% of those age 65 or over.


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Posted on August 11th, 2008 by Ryan Rockwood
Posted in Torrance


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