Search homes for sale in San Pedro, a unique blend of small-town charm, with world-class cultural attractions.
The housing market in Coastal San Pedro is moderately competitive. Last month, the median home sale price was $931K, reflecting an 11.3% decrease compared to last year. However, the median sale price per square foot has risen by 9.5% over the past year, now standing at $662.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In July 2024, home prices in Coastal San Pedro saw an 11.3% decline compared to the previous year, with the median sale price dropping to $931K. Homes in the area are selling slightly faster, spending an average of 30 days on the market, down from 32 days last year. The market also saw a slight uptick in activity, with 42 homes sold in July, an increase from 39 homes sold during the same period last year. This suggests a slight increase in buyer interest, despite the decline in home prices.
Coastal San Pedro is a moderately competitive market, where homes typically sell within 32.5 days. While some properties attract multiple offers, most homes sell close to the list price and go pending in approximately 33 days. However, in high-demand situations, "hot" homes can sell for about 3% above the list price and go pending in as little as 20 days.
Purchasing a home in San Pedro, CA, offers a unique blend of coastal living, a strong sense of community, and proximity to Los Angeles. With its scenic ocean views, rich history, and diverse neighborhoods, San Pedro provides a relaxed, small-town feel while still being close to major urban amenities. The area's competitive but approachable housing market, coupled with its cultural attractions and outdoor activities, makes it an appealing choice for both families and professionals looking for a balanced lifestyle.
For detailed, up-to-date information on buying a house in San Pedro, including legal considerations and market trends, you can talk to us.
The average cost of a home in San Pedro varies depending on the neighborhood and property type, but as of recent data, the median home price is around $931K. Prices can fluctuate based on market trends, so it's advisable to consult with a local real estate agent for the most current information.
The San Pedro real estate market is moderately competitive. Homes typically sell close to the list price and spend an average of 32-33 days on the market. In-demand properties, often referred to as "hot" homes, may receive multiple offers, sell for above the asking price, and go pending in as little as 20 days.
San Pedro offers a variety of neighborhoods to suit different lifestyles. Coastal areas like Point Fermin and South Shores are popular for their ocean views, while Vista Del Oro is known for its charming, historic homes. Each neighborhood has its unique character, so it's important to explore them to find the one that best fits your needs.
On average, homes in San Pedro sell within 32-33 days. However, this can vary depending on factors such as pricing, property condition, and market demand. Homes that are priced competitively and well-presented often sell faster, particularly in high-demand areas.
Pricing your home competitively is key to attracting buyers. Consider recent sales of similar properties in your neighborhood and consult with a local real estate agent to determine the best listing price. Homes that are priced correctly tend to sell closer to the list price and within a reasonable timeframe.
To make your home more attractive, focus on curb appeal, decluttering, and making any necessary repairs or updates. Staging your home to highlight its best features can also make a significant difference. Additionally, high-quality photos and a strong online presence are crucial for attracting potential buyers in today's market.
Do you have questions about the San Pedro, CA housing market? Thinking about buying a property in this vibrant community? We're here to help! Contact us today to explore your options and take the first step towards your dream home in San Pedro. Our team is dedicated to providing you with personalized guidance and expert advice.
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