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San Pedro Real Estate Inventory

Posted by on Aug 27, 2013 in Uncategorized | No Comments

The Real Estate inventory in San Pedro has remained relatively unchanged in the past year with the exception of a dip in late spring.

The change in the past year is the median price which is up almost $100,000 and the average days a listing is on the market which is almost half of what it was a year ago.

Interest rates have been shimmying up and FHA fees have increased, so these facts will both negatively affect the San Pedro market, especially in 90731.

We typically see a reduction in inventory in November-December so October is a great time to list a property.