South Bay Real Estate Blog

Saturday, January 14, 2006

San Pedro Market Update for Last Quarter of 2005

San Pedro had 155 single family homes, townhomes, and condos sell in the last quarter of 2005. The median price was $575,000, the median number of days on the market was 35 days, and there were 223 of these homes that came on the market.

By comparison, in the last quarter of 2004, there were 188 sales and a median price of $475,000. That means there was a 21% increase in prices and an 18% decrease in the number of sales.

San Pedro, CA is a diverse community, and this information does not include residential income property, such as duplexes, triplexes, and multi-unit buildings.

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