The neighborhood of El Camino Village is somewhat made up. It’s a community name for a pocket of both Lanwdale and Gardena. Unlike some of the other nearby areas of Lawndale and Gardena, it has a more neighborhood feel with mostly one story single family homes on nice tree lined streets. There are only a very limited number of apartment buildings, duplexes, commercial etc. giving it a very upscale feel.
So How Much Of a Difference Does is Make?
The numbers paint a pretty compelling picture. The homes in El Camino Village sell for far more money, hold their values better, are well higher price per foot and sell much quicker. Oh what a difference a few blocks can make.
El Camino Village (Lawndale Section)
15 home sales in 2018
The average home price was $663,700 and median sold price was $645,000
Average price per square foot of $499.61 and median was $519.26
Days on market average 15 and median of 9 days on market
All of Lawndale (excluding EC Village)
115 home sales
The average sales price of $521,728 and a median sales price of $520,000.
Average price per foot was $416.83 and median of $391.00.
Average days on market of 41 and median days on market of 20.
Single family homes in Lawndale (excluding EC Village)
60 home sales
The average sales price of $673,946 and a median sales price of $560,000
Average price per foot was $469.56 and median was $467.34
Average days on market was 49 and median days on market was 26
Without question, the neighborhood of El Camino Village is one of the hottest real estate markets in the South Bay. Not only are prices on the rise but demand never seems to ease up. We have represented buyers on 4 recent offers and in all 4 situations there were multiple offers and each home sold well over the original list price. See the current homes for sale in El Camino Village/Bodger Park.
The chart below is a great representation of current conditions (included Bodger Park in Hawthorne so slightly skewed numbers). Other than December which is almost always the slowest month of the year, days on market has been less than 2 weeks for the past few months. Those numbers are even lower when you consider that with mulitple offers it can sometimes take 4 or 5 days to negotiate and open escrow. The green line shows that for the past 12 months homes have sold OVER list prices. Given that many sellers have listed their homes for record numbers, that’s simply incredible.
Although not in El Camino Village, 4171 w 172nd Street in North Torrance is just down the street. From the wonderful curb appeal and the great location, to the upgrades and enhancements, it has it all. Drive up the tree lined street and pull up to a beautifully landscaped front yard and shaded front porch in a friendly neighborhood atmosphere. From the moment you enter you’ll notice the open and bright interior with a flexible floorplan to fit every lifestyle. This home boasts many impressive features, including a large open living and dining room with recessed lighting, hardwood floors, and sliders to the backyard and patio. The remodeled and spacious kitchen offers new granite counters, stainless steel appliances, ample cabinet space, roomy pantry, in kitchen breakfast area and opens to the living/dining areas. Two bright and beauitiful bedrooms sit off the front side of the home and share a beautifully remodeled full bathroom. The master bedroom addition is a spacious retreat with sliding doors to the backyard and private patio. The master suite offers walk-in closets, recessed lighting, a large master bath with tiled flooring, a beautiful shower and dual sinks. Enjoy the great year round weather in the landscaped grass back yard filled with flowers, fruit trees, and is ready for entertaining in the spacious patio area. Not for you? Search all of the homes for sale in Torrance.
4171 172nd Street, Torrance
Priced at $735,000
3 bedrooms, 2 bathrooms
1,375 square feet
Grassy front and rear yards
The property located in a great neighborhood of Torrance with easy access to shopping, dining, freeways, the beach and a short distance to the South Bay Galleria.