136 homes in near FIRST LUTHERAN SCHOOL
Homes for Sale near FIRST LUTHERAN SCHOOL
TORRANCE, CA
About Homes near FIRST LUTHERAN SCHOOL
About TORRANCE: FIRST LUTHERAN SCHOOL is located in TORRANCE. Torrance is a city in the Los Angeles metropolitan area in southwestern Los Angeles County, California, United States, founded in 1912, neighboring Redondo Beach, Rolling Hills Estates, Palos Verdes Estates, Lomita, Gardena, Lawndale, and Alondra Park, as well as the Los Angeles neighborhoods of Harbor City and Harbor Gateway. The city is part of what is known as the South Bay region.
These are homes for sale within about 2 miles of FIRST LUTHERAN SCHOOL in TORRANCE. The area around the school has 136 active listings.
FIRST LUTHERAN SCHOOL Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.4 months of supply, and sale prices are up 11% over the last six months and 5% over the past year. At the same time, 35% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1,000K
↑ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.4 months of supply
Tight Supply136 active listings against the current sales pace works out to about 2.4 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~42 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 20% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 58% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in FIRST LUTHERAN SCHOOL Area
Homeownership is near the state average, with a balanced mix of owners and renters.
55%
Homeowners
45%
Renters
Homeownership is 0.5 points lower than the California average (55.5%)
55,317 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $350K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$468K)
Price Reductions
47 listings have reduced their price
35% of active listings
Average reduction: 5.7% (~$57K)
FIRST LUTHERAN SCHOOL Area Market Overview
Homes in the FIRST LUTHERAN SCHOOL area carry a median list price of $999,900. That is about 7.6% above the TORRANCE median. The median price moved from $1.1M in February to $1.2M in July, an 11.5% increase over six months. Right now 136 homes are on the market in the FIRST LUTHERAN SCHOOL area. The homes shown here are near FIRST LUTHERAN SCHOOL rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Frequently Asked Questions about Homes near FIRST LUTHERAN SCHOOL
How many homes are for sale in FIRST LUTHERAN SCHOOL Area, CA?
There are currently 136 homes for sale in FIRST LUTHERAN SCHOOL Area, ranging from $375,000 to $3,195,000. 16 of them hit the market within the last week.
What is the median home price in FIRST LUTHERAN SCHOOL Area?
The median list price in FIRST LUTHERAN SCHOOL Area is $999,900. Price per square foot averages $730. Prices are up 5.3% compared to a year ago.
How fast do homes sell in FIRST LUTHERAN SCHOOL Area?
Homes in FIRST LUTHERAN SCHOOL Area currently average 42 days on the market, a steady pace.