Beate Kirmse's Market Report

San Pedro, CA

Single-Family Homes

eXp Realty | + 1 (310) 929 9982 | kirmsehomes@gmail.com



San Pedro, CA

Sat Sep 19 2020
This week the median list price for San Pedro, CA is $809,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has held steady at or around 66. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Pedro, CA

Sat Sep 19 2020
This week the median list price for San Pedro, CA is $809,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has held steady at or around 66. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Pedro market.
Median List Price $809,000
Per Square Foot $543
Days on Market 49
Price Decreased 20%
Price Increased 3%
Relisted 2%
Inventory 66
Median Rent $3,000
Most Expensive $1,700,000
Least Expensive $465,000
Market Action 47
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,285,000 2,549 6,500 - 8,000 sqft 4 3 59 1 1 107
$899,450 1,947 4,500 - 6,500 sqft 3 2 61 3 4 29
$749,900 1,328 4,500 - 6,500 sqft 3 2 69 6 4 21
$615,000 1,026 0 - 4,500 sqft 3 1 89 3 5 40