Torrance Housing Market Report – May 2026
Here's a look at how the Torrance, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 111
- Median Sale Price: $1,150,000
- Average Sale Price: $1,377,826
- Average Price Per Sq Ft: $752
- Average Days on Market: 59
- Sale-to-List Price Ratio: 100.4%
Month-Over-Month Trends
Compared to April, the median sale price in Torrance moved 11.7% up (from $1,029,444 to $1,150,000). The number of homes sold was 0.9% down compared to the prior month (112 vs. 111). Average days on market shifted 11.3% up (53 days to 59 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 7.7% up (from $1,068,000 to $1,150,000). Sales volume is 27.6% up year-over-year.
What This Means
Torrance's housing market is showing classic late-spring momentum, with buyers pushing prices higher even as inventory sits on the market longer. The median price climbed 11.7% month-over-month to $1.15 million, marking solid year-over-year appreciation of 7.7%. What's noteworthy is that sellers are holding their ground—homes are selling at 100.4% of list price, a sign that the market still favors those with property to sell. The uptick in days on market from 53 to 59 suggests mild cooling compared to spring's earliest weeks, though two months to sell remains fairly brisk for a $1+ million home.
The real story here is inventory. With 320 active listings available, Torrance has more choices than it did earlier this year, yet the median asking price of $949,000 sits notably below what homes are actually closing at. This gap hints at selective buying—purchasers are being picky about what they'll pay premium prices for, likely favoring single-family homes over condos. The 75 single-family sales dominating the mix reflects this preference. If rates remain stable and summer demand holds, expect continued upward price pressure, but the lengthening time on market signals buyers have regained some negotiating power they lacked during the spring sprint.
Torrance Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90505 | 34 | $1,517,500 | $844 | 56 |
| 90503 | 28 | $1,368,000 | $828 | 44 |
| 90501 | 20 | $1,005,000 | $651 | 82 |
| 90504 | 17 | $1,140,000 | $689 | 49 |
| 90502 | 12 | $587,500 | $517 | 76 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 75 | $1,320,000 | $826 |
| CONDOS | 15 | $605,000 | $579 |
| MULTI_FAMILY | 8 | $1,275,000 | $535 |
| TOWNHOMES | 8 | $917,500 | $632 |
| CONDO | 3 | $690,000 | $530 |
| OTHER | 1 | $19,245,000 | $454 |
| MOBILE | 1 | $243,000 | $217 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 2 |
| $300K - $399K | 1 |
| $500K - $749K | 17 |
| $750K+ | 91 |
Current Active Listings
As of this report, there are 320 active listings in Torrance with a median asking price of $949,000 and an average of 67 days on market.
Thinking About Selling Your Torrance Home?
If you're a homeowner in Torrance considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Torrance and throughout Los Angeles County — get a no-obligation cash offer today.