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Torrance Real Estate Market Update January 2017

The Torrance residential real estate market posted somewhat disappointing metrics for January.  For example, total sales decreased 30% compared to December 2016.

Thankfully not all metrics proved discouraging; for instance, the median sales price posted a positive 6.9% gain.

But, another disappointment was the sales-listing ratio which plummeted 34.4%.

Last, the year-over-year months of inventory data point showed a -33.3% change from January 2016 to 2017.

Click to get the latest Torrance market report here  or contact Hady to submit a request.

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