Is San Pedro, CA 90731 a buyer’s or seller’s market?

The San Pedro housing market right now

In the three months ending August 31, 2026, 27% of homes in San Pedro, CA 90731 sold above their list price, the typical home went under contract in 48 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 79 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold faster (58 days then) and the median sale price fell 8% to $814,647. Overall, San Pedro is about as competitive as it was a year ago.

Within Los Angeles County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, San Pedro ranks #797 of 1,069 CA ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.