Pango Group

San Pedro, CA 90732

Single-Family Homes

www.pangogroup.com



San Pedro, CA 90732

Sat Sep 30 2023
This week the median list price for San Pedro, CA 90732 is $1,199,000 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has increased to 24. Click here to stay informed with the San Pedro market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

San Pedro, CA 90732

Sat Sep 30 2023
This week the median list price for San Pedro, CA 90732 is $1,199,000 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has increased to 24. Click here to stay informed with the San Pedro market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the San Pedro market.
Median List Price $1,199,000
Median Price of New Listings $994,950
Per Square Foot $590
Average Days on Market 61
Median Days on Market 42
Price Decreased 38%
Price Increased 17%
Relisted 0%
Inventory 24
Median Rent
Market Action 49
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,645,500 2,452 8,000 - 10,000 sqft 4 3 55 0 0 31
$1,469,721 2,217 6,500 - 8,000 sqft 4 3 63 0 1 38
$1,149,450 1,864 4,500 - 6,500 sqft 3 2.5 74 1 1 49
$902,490 1,727 0 - 4,500 sqft 3 3.5 91 1 1 35