Is Torrance, CA 90505 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Torrance is a seller’s market. With about 1.6 months of supply and 41% 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.

Competition score79/ 100

More competitive than 84% of U.S. ZIP codes, and #195 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

Months of supply1.6Under 4 months = seller’s market
Sold above original list40.8%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$820▲ +1.8% vs. last year

The Torrance housing market right now

In the three months ending August 31, 2026, 41% of homes in Torrance, CA 90505 sold above their list price, the typical home went under contract in 30 days and there were 1.6 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 31%, homes sold faster (39 days then) and the median sale price rose 1% to $1,509,347. Overall, Torrance is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 96% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Torrance ranks #195 of 1,069 CA ZIP codes with enough sales (score 79 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.

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 →

Where Torrance is

Loading map…

Questions about Torrance real estate

Is Torrance a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Torrance, CA 90505 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 30 days in the latest three months.

Do homes in Torrance sell over asking?

41% of homes sold above their original list price, and the typical sale closed at 100.4% 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 $1,509,347 in the three months ending August 31, 2026, about $820 per square foot.

No sponsored agents in 90505 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 90505

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology