The market in the city is driven by Short sales and foreclosures. Prices have come down considerably in the last year. There has been 45 residential sales in the month of September 2009. Prices range from $148,000 for a 2bed/1bath bank owned condo unit to $ 675,000 for a Miraleste Pines single family residence with Harbor views. Listings have been in the market for an average of 104 days.Currently, there are 152 active listings or 3.4 months of inventory. Median price is $409,000.
Location Characteristics: San Pedro is a unique seaside community, rich with history and the traditions of generations past. Located at the edge of the Palos Verdes Peninsula, San Pedro has majestic cliffs and bluffs. The city is officially known as Port of Los Angeles.
About Maddy Cespedes:
I've been living in the South Bay area for 20 years. For the last 12 years, my family and I lived in Manhattan Beach. My kids attend Manhattan Beach Public Schools which are within the best schools in the country. I love working with people and enjoy helping them find and sell their homes. Being honest and able to provide excellent service to my clients is my priority. I also speak Spanish and Italian. Please call me for a consultation. I am always available!
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