Episode 3 · Transaction Data, Bidding Wars & ValuationsUpdated 2026
Torrance Market 2026: Prices, Days on Market, Supply
In Torrance, the median home still goes under contract in under two weeks, even as prices eased a little over the past year. This page tracks how fast homes sell, how often they close above the ask, how price cuts and second listings line up with weaker, slower sales, and where the supply for sale is building up.
Median sale price
Houses $1,261,000 · Condos $597,500
Houses +0.1% · Condos +1.3% vs the prior 52 weeks
52 weeks to 18 September 2026, houses n = 626, condos n = 160
Median days to contract
14.5 days
-1.5 days vs the prior 52 weeks
From listing to contract, not to closing, all homes, 52 weeks to 18 September 2026, n = 894
Closed above the original ask
39.7%
-6.4 pts vs the prior 52 weeks
361 of 910 closings with an original ask, all homes, 52 weeks to 18 September 2026
Homes for sale now
184
172 a year earlier
All homes for sale, weekly count for the week of 13 September 2026
💡 Key Insights & Takeaways
- Attached homes are 32.4% of transactions in a city where they are 20.2% of parcels, so condominiums and townhouses turn over faster than detached houses.
- Over the trailing 52 weeks, the median sale price was $1,065,000 against $1,100,000 in the prior 52 weeks, and the median price per square foot fell from $721 to $693.
- Homes that never cut their asking price closed at 100.1% of it in a median 10 days, while homes that did cut closed at 93.8% in a median 61.5 days.
- Homes built after 2000 clear above asking 19.1% of the time and take a median 28 days to contract, against 46.9% and 12 days for homes built before 1960.
- In the week of 13 September 2026, 184 homes were on the market, about 9 weeks of supply, with 6.1 weeks for detached houses and 15.1 for condominiums.
Torrance homes went under contract in a median 13 days in the three months to 18 September 2026, and 47.7% of closings landed above the original asking price. But a relisted home has already been in front of this market for 167 days by the time it signs.
At a glance
| As of / window | ||
|---|---|---|
| Median days on market, list to pending | 13 days | recent window |
| Share closing above the original ask | 47.7% | recent window |
| Homes on the market | 184 | week of 2026-09-13 |
| Weeks of supply | about 9 | week of 2026-09-13 |
| Homes already cut from their first ask | 41.6% | 2026-09-17 |
What is selling in Torrance right now?
184 homes were on the market in the week of 13 September 2026 and 89 were under contract, a pending ratio of 48.4%. At the closing pace of the previous 13 weeks that is about 9 weeks of supply.
The city average hides the split that matters. Detached houses carry 6.1 weeks of supply. Condominiums carry 15.1. Detached stock is down 12.3% against a year earlier while attached stock is up 32.3%, so the two columns are moving in opposite directions.
Attached homes are 32.4% of transactions in a city where they are 20.2% of parcels, which means condominiums and townhouses turn over faster here than detached houses do.
How long does a Torrance home take to sell?
The median home went under contract in 13 days in the recent window, against 15 days across the two years before it. Days on market here means list to pending — the days from the day a home is listed to the day it goes under contract, not to the day it closes.
Half of everything that sold went under contract inside two weeks. The long tail thinned as well: 5.2% took more than 90 days, against 7.8% over the baseline.
Are Torrance homes selling above asking?
47.7% of recent closings landed above the original asking price, against 44.1% over the two years before. The median close was $1,100,000 and the median price per square foot was $707.
The price cut is the widest single gap in the data. Homes that never cut their asking price closed at 100.1% of it, in a median 10 days. Homes that did cut closed at 93.8%, in a median 61.5 days — 6 points of price and 51 days of waiting. It is an association rather than a cause: the data carries no price-change dates, so a cut cannot be timed, and a home that needed one may have been mispriced, hard to sell, or both.
41.6% of the homes standing on the market today have already cut, against 24.3% of the last year's closings.
What have Torrance prices done over the last year?
| Measure | Trailing 52 weeks | Prior 52 weeks | Change |
|---|---|---|---|
| Median sale price | $1,065,000 | $1,100,000 | −3.2% |
| Median price per square foot | $693 | $721 | −3.8% |
The two measures agree, so this is a price move rather than a change in what sold. A median that falls while the price per square foot holds is a mix shift; here both fell, and by almost the same amount.
This describes completed closings in windows that have already ended. It is not a projection and nothing here says what the next year will do.
What does a second listing cost a Torrance seller?
A first-time listing closes above the original asking price 46.3% of the time. A relisted one manages 27.3%.
The clock misleads as badly as the price does. A relisted home shows a median 19 days on its final attempt, while the market has actually been looking at it for a median 167 days counted from its first listing.
Count the listing attempts before you treat an asking price as information.
Where is supply piling up in Torrance?
Homes built after 2000 are 22.2% of what is for sale and 11.2% of what sold over the last year. They clear above asking 19.1% of the time and take a median 28 days to contract, against 46.9% and 12 days for homes built before 1960.
The newest stock is the slowest stock in this market. Check the build year before you read the days on market.
About 76.7% of the homes that left the market over the recent 13 weeks left by selling, down from 84.5% over the previous 13 weeks and up from 73.7% a year earlier.
Across the whole city, turnover against the parcel universe runs 3.66% a year — about four parcels in a hundred change hands.
What changed in Torrance against last year?
184 homes were for sale against 172 in the same week a year earlier, 12 more. Closings over the recent 13 weeks ran 273 against 246, an 11.0% rise. Buyers absorbed the extra stock and then some.
Supply over the last 13 weeks is flat — 184 against 187 — but the time of year alone would have taken about 10% off the count, so stock is running above its own seasonal path.
These seasonal figures rest on a partial year. The data holds 17 complete months and no complete calendar year, so April through September have two observations each and October through March have one.
When is the best time to list or buy in Torrance?
To list: January through March. Those three months carry the lowest competing stock of the year — January's active count runs 27% below a typical month — and listings that went up in them went under contract in 11 to 15 days, against a high of 23 days in October. October and December are the two months to avoid.
To buy: June through August. Those months carry the highest competing stock, the lowest pending ratio of the warm half of the year, and the largest share of listings that leave without selling. That is more choice and less competition. It is not a claim that prices are lower in those months — the contract-month figures separate by little more than a point.
Both readings rest on a partial year and are directional rather than settled.
What does this mean for you?
- Bidding on a first-time listing: expect company and write clean. Nearly half of them clear above the original ask.
- Bidding on a second attempt: the clock is working for you. That listing has been in front of the market for months, whatever its current day count says.
- Selling: price it to be right the first time. The gap between a home that never cuts and one that does is 6 points and 51 days.
- Shopping the attached column: the queue is longer there — 15 weeks of supply against 6 for houses.
- Bidding on a second attempt: the clock is working for you. That listing has been in front of the market for months, whatever its current day count says.
- Selling: price it to be right the first time. The gap between a home that never cuts and one that does is 6 points and 51 days.
- Shopping the attached column: the queue is longer there — 15 weeks of supply against 6 for houses.
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