Overlooking the ports of Los Angeles and Long Beach on the eastern slope of the Palos Verdes Peninsula, the city of San Pedro offers two distinct personalities. The historic heart of San Pedro is just steps away from the waterfront and features a collage of architecture, shopping, dining and browsing. Several restaurants, pubs and coffee houses offer outdoor dining and nightly entertainment. San Pedro also boasts beautiful majestic cliffs, bluffs and ocean vistas that are unmatched. Most of the area overlooking the harbors is made up of residential neighborhoods.
Industries that provide employment in San Pedro include educational, health and social services, professional, scientific, management and administrative services and retail trade. San Pedro students in grades K-12 attend schools of the Los Angeles Unified School District. Several esteemed colleges and universities – including the University of California at Los Angeles, which is a 30-minute drive away – are in proximity for those who wish to attain a degree in higher education.
Real estate options in San Pedro consist of single-family detached homes, estate properties, condominiums, townhouses and land lots. Residents take pleasure in the scenic natural beauty, good schools, peaceful neighborhoods and family friendly atmosphere.
San Pedro Real, Estate Market: Price Range of San Pedro Houses for Sale
The real estate market of San Pedro is comprised primarily of single-family detached houses, some which include waterfront views. Single-family detached homes are priced starting at just under $200,000. Large, lovely properties with fireplaces and scenic views can be purchased in the high $600,000s. Spectacular estate properties with scenic hillside, harbor and ocean views are priced at just under $2 million. Condominiums and townhouses in San Pedro range in price from $130,000 to $950,000.
San Pedro Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $691,043 compared to $730,381 the previous week, showing a decrease of less than -6%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in San Pedro CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in San Pedro to help you find the best home!