37 homes in 90503
Homes for Sale in 90503
Torrance, CA
$999,000
FOR SALE2615 Plaza Del Amo 633, Torrance, CA 90503
3 beds · 3 baths · 1,696 sqft
About 90503 Real Estate
About Torrance: The 90503 ZIP code is in Torrance, CA. 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.
Today, the 90503 area has 37 homes for sale with a median listing price of $1.1M. The average price per square foot is $755.
90503 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.9 months of supply, and sale prices are up 15% over the last six months and 18% 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
$1.08M
↑ 18% 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
1.9 months of supply
Tight Supply37 active listings against the current sales pace works out to about 1.9 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 ~44 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 9% versus 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 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90503 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 $418K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$660K)
Price Reductions
13 listings have reduced their price
35% of active listings
Average reduction: 8.3% (~$90K)
90503 Housing Market Overview
Homes in the 90503 ZIP code carry a median list price of $1.1M. That is about 16.2% above the Torrance median. The median price moved from $866,000 in February to $1.2M in July, a 38.5% increase over six months. Right now 37 homes are on the market in the 90503 ZIP code.
Explore Nearby Cities
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Frequently Asked Questions about Homes for Sale in 90503, CA
How many homes are for sale in 90503, CA?
There are currently 37 homes for sale in 90503, ranging from $529,000 to $2,495,000. 5 of them hit the market within the last week.
What is the median home price in 90503?
The median list price in 90503 is $1,079,950. Price per square foot averages $755. Prices are up 17.8% compared to a year ago.
How fast do homes sell in 90503?
Homes in 90503 currently average 44 days on the market, a steady pace.
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