Torrance First-Half 2026 Recap: 437 Sales, Neighborhoods Moving at Very Different Speeds

Newly compiled local MLS data gives Torrance homeowners the fullest picture yet of how 2026's first half played out, neighborhood by neighborhood. From January through June, 437 homes, condos, and townhomes sold in Torrance — a 12.1% increase compared with the first half of 2025 — while the average sale price held steady at $1.11 million. Homes averaged 29 days on market, up modestly from 25 days a year ago.

The most striking detail is how evenly split the market is on pricing: about 42% of homes sold above asking (averaging 5.2% over list), another 42% sold below asking (averaging 3.5% under), and 16% sold at list. It's the clearest signal yet that this is a presentation-and-pricing market, not a momentum market.

The neighborhood breakdown shows where the heat is. South Torrance remains the city's most competitive pocket: single-family homes averaged $1.64 million with less than one month of inventory (0.9 months), and nearly half sold over asking. Walteria posted one of the strongest value gains, with average sale prices climbing to $1.51 million — up more than 11% from last year. West Torrance saw sales jump 25% year over year with average prices of $1.49 million and homes moving in just 17 days, driven by the area's award-winning schools. Southwood was the city's fastest-moving neighborhood at just 7 days on market with over 60% of homes selling at or above asking, and Old Torrance saw transaction volume surge nearly 80% over the first half of 2025.

The condo and townhome segment tells the other half of the story: average price $711,000, 41 days on market, and 3.4 months of inventory — measurably more negotiating room for buyers who don't need a detached home.

For South Bay homeowners, the takeaway is geographic: your Torrance zip code says less than your neighborhood. Sellers in South Torrance, Walteria, and Southwood still have a speed advantage, while buyers shopping condos and townhomes have the most leverage they've had in years. And across every neighborhood, the homes that sell well are the ones priced to the current data, not to last year's comps.

Source: Torrance Real Estate Homes (Keith Kyle, South Bay Brokers) — https://torrancerealestatehomes.com/tag/torrance-real-estate-market/

Curious what these market shifts mean for your home? Get a free personalized valuation →