Is Torrance, CA 90503 a buyer’s or seller’s market?
Torrance is a seller’s market. With about 2 months of supply and 46% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 86% of U.S. ZIP codes, and #171 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Torrance housing market right now
In the three months ending August 31, 2026, 46% of homes in Torrance, CA 90503 sold above their list price, the typical home went under contract in 32 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold about as fast and the median sale price fell 5% to $1,243,462. Overall, Torrance is more competitive than a year ago, so tougher for buyers.
Within Los Angeles County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Torrance ranks #171 of 1,069 CA ZIP codes with enough sales (score 80 out of 100).
Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.
Run the numbers for 90503
Nearby markets
Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →Towns like Torrance nearby
Find towns like Torrance in other states →Where Torrance is
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Questions about Torrance real estate
Is Torrance a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Torrance, CA 90503 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Torrance?
The typical home went under contract in 32 days in the latest three months.
Do homes in Torrance sell over asking?
46% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Torrance?
About 1.15% of a home’s value a year in Los Angeles County, or roughly $4,600 on a $400,000 home.
What is the median home price in Torrance?
The median sale price was $1,243,462 in the three months ending August 31, 2026, about $745 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology