Residential real estate in San Pedro experienced an increase across the board, most notably in Condos/Townhouses which we will get into later.
There were 34 single family residences (SRF) that sold in the month of March, 7 more than in February. These homes averaged 34 Days on the market, a slight decrease from February’s average days on market of 37. Average Price increased to $678,619 – an increase of $17,500!
Condo/Townhouse sales nearly doubled, going from 10 in February to 18 in March. Days on market decreased to just 37 days, a 5 day improvement from February. The most significant change this month is the average condo/townhouse price. February had an average condo price of just over $445k in the city of San Pedro. March’s average price for a condo increased by $24,500, bumping the average to over $472,000! This is due to sales in The Gardens and The Estates that were $550k and up, some in the mid and upper $600k range!
Expect the market to remain on its current trend, more inventory but not enough to satisfy demand, which will cause prices to continue to increase.
Thinking of selling? Check out our Home Selling Basics series to properly get your home ready for the market and call us with any questions:) Rancho Palos Verdes Realtor Broker Associate Karen Anderson, along with her Real Estate Team, The Prestige Team, has been selling residential real estate in the South Bay, including Rancho Palos Verdes, San Pedro, and far beyond LA County, for over 27 years and is ranked in the top 1% of realtors in Rancho Palos Verdes. We specialize in transforming homes into impeccably presented real estate listings that command top dollar in the shortest amount of time!
Learn more about us below!
The Residential Purchase Agreement is 10 pages of terms and conditions that stipulate every aspect of the purchase, and we know exactly how to use them to your complete advantage!
As experienced Full-Service Realtors, we know how to leverage you buying and bargain power. Whether competing to get your offer accepted or negotiating repairs, our goal is to get you a great deal!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
Need help with decluttering? Whether you need a few boxes and an extra set of hands, have a house full of items that need to go, we have the resources in place ready to assist with your needs!
Schedule Management is crucial if you have a time frame in mind for the sale of your home. Let us use our experience to ensure every aspect of preparing your home for the market stays on schedule!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
As we enter October, the temperatures are (Hopefully) falling and the days are getting shorter, bringing with them all the wonderful family-friendly October events we
The Rancho Palos Verdes real estate market in September 2026 showed strengthening conditions compared with August 2026. Single-family activity recorded 33 closed sales, with median
The San Pedro real estate market in September 2026 showed strengthening conditions compared with August 2026. Single-family activity recorded 17 closed sales, with median pricing