Although the Torrance real estate market has experienced some of the general pain that has effected the entire South Bay market single family homes sales in November actually increased in November compared to the previous year. This past month the South Bay Association of Realtor reported 53 single family home sales with another 35 pending compared to 48 sales with another 39 pending in November 2007.
Torrance Single Family Homes Sales November 2008
Get the New Year rolling with a beautiful new home in Redondo Beach!
Beautiful Redondo Beach Townhouse for Sale
From 1-4pm Sunday January 4th we will be hosting an open house at 2408 Curtis Ave #B in Redondo Beach. You won’t find a better deal in North Redondo Beach than this beautiful 3 bed 2.5 bath townhouse.
It is one of only 7 attached/detached 2-on-a-lots currently for sale in all of North Redondo Beach that is priced under $700,000. With the recent drop interest rates combined the price being reduced to $645,000 this townhouse will not be on the market for long.
For the month of November Shorewood Realtors continued to lead all Greater South Bay real estate brokerages in sales. For the the month Shorwood Realtors participated in 51 property sales throughout the Greater South Bay, 24 in house listings and 27 buyer representative sales. Remax Palos Verders was close behind with 47 sales for the month, however the total value of their property sales was significantly less, $38.5 million vs. $61.1 million for Shorewood Realtors.
November 2008 Greater South Bay Brokerage Results - click to expand
This Thursday from 12-2pm we’ll be holding a brokers open for our new listing in Torrance, 5312 Doris Way. Built in 2007 and this Seaside Rancho
5312 Doris Way, Torrance, CA 90505
4 bedroom home has gorgeous views of the city. The home features two fireplaces as well as a teared private backyard. This is just hitting the MLS so this is the first opportunity to take a look.
Sphere: Related ContentNovember was a rough month for home sellers in the South Bay. Of the 3420 homes (Single Family Homes, Condos/Townhouses, and Residential Income Properties) listed for sale in the Greater South Bay MLS only 420 sold during the month with another 388 going into escrow. The current supply of homes assuming no others were to enter the market would last 8.1 months.
November 2008 Home Sales in the South Bay
Inventory of Homes for Sale in the South Bay Nov. 2008
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