San Pedro Real Estate Market Update — August 2026

The San Pedro real estate market in August 2026 showed softer conditions compared with July 2026. Single-family activity recorded 23 closed sales, with median pricing lower month over month and sales volume higher; Condo/townhouse activity recorded 10 closed sales, with median pricing lower month over month and sales volume lower. Small income-property activity included 2 duplex sales, 2 triplex sales, 2 quadruplex sales.

Month-over-Month & Year-over-Year

Property Type Median Sale MoM YoY Median DOM MoM DOM Sales MoM Sales YoY Sales
Single-Family $915,000 7.6% 1.7% 12 days 50.0% 23 9.5% 14.8%
Condo / Townhouse $470,000 21.7% 30.5% 41 days 7.9% 10 41.2% 28.6%
Duplex $717,500 1.0% 1.1% 66 days 445.8% 2 100.0% 100.0%
Triplex $1,109,500 30.5% 9.4% 87 days 198.3% 2 100.0% 33.3%
Quadruplex $1,199,000 15.6% 14 days 75.0% 2 0.0%

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Single Family Residence Market Overview

For August 2026, the San Pedro real estate market recorded 23 closed sales for Single-Family Homes during the month, up 9.5% from the prior month and down 14.8% year over year. The median sale price was $915K, down 7.6% month over month and up 1.7% year over year. Median days on market was 12 days, 4 days longer than the previous month. Active inventory represented approximately 2.3 months of supply based on the trailing three-month sales pace, placing the segment in a Seller's Market. See below for a breakdown of what is happening in the market.

Single-Family Market Snapshot

MetricSingle-Family
Closed Sales 23
Median List Price $900,000
Median Sale Price $915,000
Median Living Area 1,430 sq ft
Median $ / Sq Ft $619
Median DOM 12 days
Median List → Sale 99.6%
Highest Sale $1,590,000
Lowest Sale $390,000

Inventory & Market Balance

Inventory snapshot as of August 31, 2026

Active Under Contract New Listings 3-Mo Sales Pace Months Supply Market Balance
49 23 18 21.7 2.3 Seller's Market

Inventory is frozen to the selected report month’s month-end snapshot. “Under Contract” is a reconstructed historical bucket that may include listings later shown in live CRMLS as Active Under Contract (AUC) or Pending. Months of supply = Active inventory ÷ trailing 3-month average monthly closed sales.

Median Sale Price — 12 Month Trend

3-Month Trend
$980K
$1.01M
$1.06M
$910K
$1.05M
$1.14M
$890K
$980K
$1.12M
$910K
$990K
$915K
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Active Inventory — 12 Month Trend

3-Month Trend
34
27
24
19
20
22
24
28
36
37
51
49
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Months of Supply — 12 Month Trend

3-Month Trend
1.4
1.0
1.0
0.8
1.1
1.4
1.9
1.6
1.7
1.6
2.3
2.3
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Median Days on Market — 12 Month Trend

3-Month Trend
21
28
25
24
36
45
17
11
12
10
8
12
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Condo/Townhouse Market Overview

Condo / Townhouse recorded 10 closed sales during the month, down 41.2% from the prior month and down 28.6% year over year. The median sale price was $470K, down 21.7% month over month and down 30.5% year over year. Median days on market was 41 days, 3 days longer than the previous month. Active inventory represented approximately 3.8 months of supply based on the trailing three-month sales pace, placing the segment in a Slight Seller Advantage.

Condo/Townhouse Market Snapshot

MetricCondo / Townhouse
Closed Sales 10
Median List Price $478,944
Median Sale Price $470,000
Median Living Area 1,114 sq ft
Median $ / Sq Ft $464
Median DOM 41 days
Median List → Sale 99.6%
Highest Sale $750,000
Lowest Sale $425,000

Inventory & Market Balance

Inventory snapshot as of August 31, 2026

Active Under Contract New Listings 3-Mo Sales Pace Months Supply Market Balance
58 18 25 15.3 3.8 Slight Seller Advantage

Inventory is frozen to the selected report month’s month-end snapshot. “Under Contract” is a reconstructed historical bucket that may include listings later shown in live CRMLS as Active Under Contract (AUC) or Pending. Months of supply = Active inventory ÷ trailing 3-month average monthly closed sales.

Median Sale Price — 12 Month Trend

3-Month Trend
$667K
$598K
$595K
$675K
$634K
$669K
$560K
$565K
$648K
$600K
$600K
$470K
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Active Inventory — 12 Month Trend

3-Month Trend
35
31
25
22
21
25
32
31
36
36
49
58
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Months of Supply — 12 Month Trend

3-Month Trend
2.9
2.0
1.6
1.3
1.6
2.1
2.7
2.2
2.1
2.0
2.7
3.8
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Median Days on Market — 12 Month Trend

3-Month Trend
20
78
37
31
131
40
22
35
17
29
38
41
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Income Property Market Overview

Duplex

Note: Duplex figures are based on only 2 closed sales this month, so percentage changes should be interpreted cautiously.

Duplex recorded 2 closed sales during the month, up 100.0% from the prior month and up 100.0% year over year. The median sale price was $718K, down 1.0% month over month and up 1.1% year over year. Median days on market was 66 days, 54 days longer than the previous month. Active inventory represented approximately 5.1 months of supply based on the trailing three-month sales pace, placing the segment in a Slight Buyer Advantage.

MetricDuplex
Closed Sales 2
Median List Price $717,500
Median Sale Price $717,500
Median Living Area
Median $ / Sq Ft
Median DOM 66 days
Median List → Sale 100.0%
Highest Sale $790,000
Lowest Sale $645,000

Triplex

Note: Triplex figures are based on only 2 closed sales this month, so percentage changes should be interpreted cautiously.

Triplex recorded 2 closed sales during the month, up 100.0% from the prior month and down 33.3% year over year. The median sale price was $1.11M, up 30.5% month over month and down 9.4% year over year. Median days on market was 87 days, 58 days longer than the previous month. Active inventory represented approximately 9.8 months of supply based on the trailing three-month sales pace, placing the segment in a Buyer's Market.

MetricTriplex
Closed Sales 2
Median List Price $1,174,000
Median Sale Price $1,109,500
Median Living Area
Median $ / Sq Ft
Median DOM 87 days
Median List → Sale 95.3%
Highest Sale $1,250,000
Lowest Sale $969,000

Quadruplex

Note: Quadruplex figures are based on only 2 closed sales this month, so percentage changes should be interpreted cautiously.

Quadruplex recorded 2 closed sales during the month, up 0.0% from the prior month. The median sale price was $1.20M, up 15.6% month over month. Median days on market was 14 days, 41 days faster than the previous month. Active inventory represented approximately 4.0 months of supply based on the trailing three-month sales pace, placing the segment in a Balanced Market.

MetricQuadruplex
Closed Sales 2
Median List Price $1,175,000
Median Sale Price $1,199,000
Median Living Area
Median $ / Sq Ft
Median DOM 14 days
Median List → Sale 102.0%
Highest Sale $1,268,000
Lowest Sale $1,130,000

Bottom Line

Single Family Residence

Single-Family: 23 closed sales, median sale price was lower month over month, sales volume was higher than the prior month, month-end active inventory was 49, months of supply was 2.3, the segment classified as Seller's Market.

Condo/Townhouse

Condo / Townhouse: 10 closed sales, median sale price was lower month over month, sales volume was lower than the prior month, month-end active inventory was 58, months of supply was 3.8, the segment classified as Slight Seller Advantage.

Income Property

Income Property: Activity remained thin, with 2 duplex sales, 2 triplex sales, 2 quadruplex sales. Because small multifamily sales occur infrequently, individual monthly percentage changes should be interpreted cautiously.

Source: CRMLS via Trestle WebAPI. Inventory and market-balance figures are tied to the selected report month’s month-end snapshot and reconstructed from listing lifecycle dates. MLS data is subject to revision.

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