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San Pedro 90732 Housing Market Update — June 2026

By Tony Kim · Compass · June 29, 2026

June 2026 is proving to be one of the most competitive months I have seen in San Pedro's 90732 zip code in quite some time. If you have been watching this market from the sidelines, the numbers below should give you a clear picture of what is happening on the ground.

San Pedro Home Prices Are Surpassing List Price Expectations

The median sale price in 90732 has reached $1,000,000, which is a striking figure on its own. What makes it even more telling is the gap between where homes are listed and where they are actually closing. The median list price sits at $828,888, while the median sale price has climbed to $999,990. That spread tells me buyers are not just meeting asking prices, they are blowing past them. At $587.88 per square foot, San Pedro is delivering real value compared to other coastal communities nearby, and buyers are clearly recognizing that.

Inventory Is Tight and Homes Are Moving Fast

With only 145 active listings across the entire 90732 market, supply is genuinely constrained. My clients who are searching right now are feeling that pressure directly. Homes are going under contract at a median of just 24 days on market, which means well-priced, well-presented properties are not sitting around waiting for offers. The market temperature score of 79 puts this firmly in hot territory, and the pace of activity I am seeing week over week backs that up completely.

The Rate and Rent Landscape in 90732

The 30-year fixed mortgage rate is currently at 6.5%, which continues to shape how buyers are approaching their financing strategy. Despite that rate environment, demand has not cooled in San Pedro, which speaks to how desirable this community remains. On the rental side, the median rent in 90732 is $4,000 per month. For anyone on the fence about buying versus renting, that monthly outlay makes the case for ownership harder to ignore, especially when building long-term equity in a market trending toward seven figures.

What This Means For You

Buyers: With homes selling well above list price and inventory at just 145 active listings, you need to come prepared with a strong offer strategy and a pre-approval in hand before you fall in love with a home. Sellers: The current conditions are squarely in your favor, and properly positioned homes in 90732 are commanding prices that exceed expectations, making June 2026 an excellent time to list.

If you want a personalized breakdown of how these numbers apply to your specific situation in San Pedro, I would love to connect. Reach out to me, Tony Kim at Compass, and let's talk about your next move.

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