Torrance Housing Market Report – March 2026
Here's a look at how the Torrance, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 93
- Median Sale Price: $1,010,000
- Average Sale Price: $1,080,319
- Average Price Per Sq Ft: $734
- Average Days on Market: 68
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to February, the median sale price in Torrance moved 7.8% up (from $936,500 to $1,010,000). The number of homes sold was 60.3% up compared to the prior month (58 vs. 93). Average days on market shifted 1.5% up (67 days to 68 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.4% down (from $1,014,500 to $1,010,000). Sales volume is 5.7% up year-over-year.
What This Means
Torrance's housing market is showing some interesting spring momentum. March saw a significant jump in sales activity, with homes sold climbing 60% from February to 93 units, which suggests the typical seasonal uptick is in full swing. However, don't mistake volume for a hot market — the year-over-year comparison tells a more cautious story, with sales up just 5.7% compared to last year. What's encouraging is that sellers are getting nearly full asking price, with that 99.6% sale-to-list ratio indicating reasonable buyer-seller balance.
The median price ticked up 7.8% month-over-month to just over $1 million, but it's essentially flat year-over-year at minus 0.4%. This suggests prices have stabilized rather than appreciated, which aligns with what we're seeing statewide as the market finds equilibrium after previous volatility. Properties are sitting around two months on market, which is healthy — not too hot, not stagnant. The 231 active listings provide decent selection, though asking prices are trending slightly lower than recent sales, potentially signaling some realistic pricing adjustments ahead.
Single-family homes dominated the sales mix, and at $734 per square foot, Torrance remains accessible compared to coastal peers while maintaining its appeal as a South Bay community.
Torrance Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90501 | 31 | $925,000 | $770 | 56 |
| 90505 | 23 | $1,375,000 | $808 | 92 |
| 90503 | 18 | $1,212,500 | $758 | 57 |
| 90504 | 12 | $1,095,000 | $621 | 45 |
| 90502 | 9 | $685,000 | $508 | 94 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 56 | $1,252,500 | $824 |
| CONDOS | 15 | $500,000 | $590 |
| TOWNHOMES | 13 | $850,000 | $552 |
| MULTI_FAMILY | 4 | $1,440,000 | N/A |
| MOBILE | 2 | $1,717,500 | $710 |
| CONDO | 2 | $540,000 | $523 |
| LAND | 1 | $80,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 1 |
| $300K - $399K | 1 |
| $400K - $499K | 6 |
| $500K - $749K | 16 |
| $750K+ | 68 |
Current Active Listings
As of this report, there are 231 active listings in Torrance with a median asking price of $915,000 and an average of 77 days on market.
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