4-week rolling average ยท Data through March 18, 2026 ยท ZIP 90732
San Pedro's real estate market is running hot, with the median sale price of $1,020,000 actually exceeding the median list price of $912,000, signaling strong buyer competition and frequent above-ask offers. Active inventory sits at 134 homes with a median of 28 days on market, reflecting a relatively tight supply that continues to favor sellers. At $534.33 per square foot, this coastal community commands premium pricing across all home sizes.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $459K | $2K/mo |
| 2BR | $549K | $3K/mo |
| 3BR | $942K | $4K/mo |
| 4BR | $966K | $5K/mo |
| 5BR | $1.60M | โ |
With homes selling above the median list price of $912,000 and landing at a median sale price of $1,020,000, sellers in San Pedro are in a strong position to price competitively and still attract aggressive offers. A median of 28 days on market suggests your home is unlikely to sit long if priced and presented well.
Buyers should be prepared to offer above the list price, as the market data shows a median sale price of $1,020,000 against a median list price of $912,000, a meaningful gap that reflects real competition. With only 134 active listings available, choices are limited and moving quickly with a strong offer is essential in this hot market.
San Pedro presents a notable spread between purchase prices and rental income, with the median rent at $3,000 per month while 2-bedroom units rent for $3,000 and 3-bedroom units fetch $3,999. However, with a median sale price of $1,020,000 and a price per square foot of $534.33, investors should carefully model cash flow against acquisition costs before committing.
The current 30-year fixed mortgage rate of 6.11% and the 15-year rate of 5.50% remain elevated relative to historic lows, meaningfully impacting monthly payments on a $1,020,000 median-priced home in San Pedro. Buyers who can qualify for or afford the 15-year option at 5.50% will save on interest over time, though the higher monthly payment requires careful budgeting.
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