Torrance (San Pedro), Ca

Population: 148,495
Average annual home appreciation rate: 16.53%
Total of homes for sale in this market: 261
Median home price: $798,683
Median Rent: $1,795
Home price range: 47.69% between $651,001 – $976,000
Median sales price: $615,000
Number of homes: 182
Median foreclosure sales price: $504,929
Foreclosure discount: 17.9%
Most common home type: 53.70% single family detached
Number of vacant homes: 5.68%
Number of renters: 44.09%
Number of owner occupied: 55.91%
Number people living below poverty level: 7.38%
Unemployment rate: 4.10%
Is this area perfect for real estate deals going on right now?

Leave a Reply

Your email address will not be published. Required fields are marked *