90505 Home Values & Market Trends
There are 26 homes currently listed for 90505. 90505 real estate market trends show that home prices range from $245,000 to $2,399,000, and the median sales price in the 90505 zip code is $1,325,416.34. The total number of properties sold within the past twelve months is 306. In 90505, 11 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.
90505 Real Estate Market Overview
City | Median Est. Value |
---|---|
Torrance | $ 975,250 $ 700/sqft |
Housing Market Summary for 90505
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.2M | $1.3M | 9.40% |
Median Sold Price | $1.3M | $1.3M | -2.74% |
Homes For Sale | 31 | 30 | -3.23% |
Homes Sold | 297 | 288 | -3.03% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 90505
Browse Homes in 90505
The median list price of a home in Torrance, is $1,325,416.34. A total of 26 properties are for sale, and the percentage of properties for sale in the zip code is 26.00%. The total count of 90505 properties is 9,549.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in 90505 with torrance containing 68 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 90505; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,346,000 in torrance to the lowest home value of $410,500 in torrance.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 90505 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 90505. There is 1 cities within 90505; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionstorrance has 12 auction properties, the highest number of properties going to auction in a single city in the state of 90505. Auction homes and other auction properties account for 0.03% of all properties in 90505. There is 1 cities within 90505; of that cities, the median estimated home value for homes going to auction ranges from $1,673,000 in torrance to the lowest value of $389,000 in torrance.
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Guide for 90505
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.