Torrance real estate market was characterized by higher home prices and increased sales. Total of 952 single family homes were sold in 2021, 23 percent increase on y-o-y basis. Median price was $1,037,000 compared to $899,450 a year ago. Below are market details (single family homes only; data based on CRMLS):
| 2021 | 2020 | Difference | |
| No. of Sales | 952 | 774 | +23% |
| Median Price | $1,037,000 | $899,450 | +15% |
| Average Price | $1,074,890 | $943,340 | +14% |
| Days on Market | 15 | 21 | -6 days |
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