South Torrance 90505 Housing Market Update — June 2026

June 2026 is proving to be one of the most active months I have seen in South Torrance in quite some time. As a Compass agent working closely with buyers and sellers across the 90505 ZIP code, I want to share what the latest numbers are telling us and what they mean if you are thinking about making a move this summer.

Prices and Demand Remain Strong

The median asking price for single-family homes in 90505 currently sits at $1,629,000, with a median price per square foot of $937.28. These figures reflect a neighborhood where demand has not let up. Homes are spending a median of just 18 days on market, which tells me that well-priced properties are moving quickly. When I advise my clients on timing, a stat like 18 days carries real weight in setting expectations.

Inventory Is Tight

One of the most telling signals right now is supply. Active inventory in 90505 stands at 112 listings, and on the most recent data date, zero new listings were recorded. That kind of supply constraint shapes the entire experience for both buyers and sellers. My clients on the buying side are coming to me prepared and decisive, because hesitation in this environment can mean missing out on a home entirely. The market competition score of 86 out of 100 and a market temperature rated hot are consistent with what I am seeing firsthand on the ground.

What About Mortgage Rates and Renting?

The 30-year fixed mortgage rate is currently at 6.5%, which remains a meaningful factor in monthly payment calculations at this price point. At the same time, the median rent in the area is $4,000 per month. For many of my clients who are weighing renting versus buying, the long-term equity case for ownership in a market like 90505 still comes up as a serious consideration, even with rates where they are.

What This Means For You

If you are a buyer, getting pre-approved and clearly defining your priorities before you start touring homes will put you in the strongest possible position in a market moving at 18 days. If you are a seller, current conditions in 90505 represent a strong window to list, given limited competition from other active listings and consistent buyer interest in the area.

I would love to talk through your specific situation and help you navigate this market with a clear strategy. Reach out to me, Tony Kim at Compass, and let us put a plan together that works for you.