San Pedro Real Estate Snapshot: April 2025, Homes Still Selling Above Asking

April 2025 brought steady growth to San Pedro’s housing market. The average sales price climbed to $952,411, up nearly 15% year-over-year, while homes sold in just 29 days on average, a major improvement from March with 48 Days. However, the number of sales is down. See more below:

🏘️ Highlights:

  • Top Areas by Price: South Shores ($1.75M max) and Point Fermin ($1.76M max)
  • Price Per SqFt: $628.13
  • Sales-to-List Price Ratio: 101.0%—indicating many homes are still selling at or above asking

💼 Rental Market Trends (90731 + 90732):

  • Duplex Sales: Averaged $1.1M, with fast 16-day closings
  • 3-Bed Homes: Jumped to $6,500 in 90731 (↑ $1,005 MoM)
  • 4-Bed Homes: $6,050 in 90731 but down YoY

🏠 Rental Market Highlights (90731 & 90732)

  • 3-Bed Homes: Jumped to $6,500 in 90731 (↑ $1,005 MoM)
  • 4-Bed Homes: $6,050 in 90731 but down YoY
  • Duplex Sales: Averaged $1.1M, with fast 16-day closings

📍Takeaway: San Pedro’s market remains competitive, especially for single-family homes and duplexes. Renters face increasing prices in the 90731 zip, signaling strong investor interest.

🔍 What It Means for You
Whether you’re buying, selling, or considering investing, understanding these micro-market dynamics is key. With fewer homes on the market and strong price performance, positioning your offer or listing correctly could make all the difference this spring.

📩 Want a hyper-local report for your neighborhood or street? Reach out to Prestige Team Homes and we’ll gladly walk you through the numbers.

Who is The Prestige Team?

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!

For our Buyers:

Added Benefits When Working With Us

Contract Knowledge

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!

Expert Negotiators

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!

Team = Always Available

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!

On Every Listing:

Need Additional Assistance? We Specialize in that!

Decluttering & Emptying Properties

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

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!

Team = Always Available

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!

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