Norma Toering's South Shores Real Estate Report March 2009 San Pedro

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Real Estate Broker with Charlemagne International Properties BRE# 01147470

This may come as a surprise, but based on the current inventory of active listings and pending sales the popular San Pedro neighborhood of South Shores is experiencing a Seller's Market.  Yes, that's right--there are currently more homes in escrow than there are homes for sale.  If you're thinking about selling now might be the time to get serious, very serious.

South Shores real estate statistics for March 2009:

Active Listings:  5 Single Family Homes are listed for sale priced from $699,000 to $1,899,000.

Pending Sales:  7 Single Family Homes are in escrow priced from $450,000 to 1,189,000.

March Sales:  3 Single Familly Homes closed escrow priced from $595,000 to $707,500.

If a new addition has you shopping for a larger home, South Shores might be a great place to look for an ocean view property with plenty of room for a growing family.

Previous Market Reports

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


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Topic:
Real Estate Market Trends
Location:
California Los Angeles County San Pedro South Shores
Tags:
south shores real estate report
san pedro market report
norma toering
real estate report

Comments 2 New Comment

Ambassador
1,481,424
Gary Woltal
Assoc. Broker Realtor SFR Dallas Ft. Worth
Keller Williams Realty

Hi Norma. You guys are bucking the trend with the Sellers market. I have seen this is in pockets around the country like Sacramento too.

April 22, 2009 06:14 PM
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Norma Toering
Palos Verdes Homes in Los Angeles Area
Charlemagne International Properties

Gary - South Shores is an affordable seaside neighborhood and a very popular choice for buyers who want an ocean view.

April 22, 2009 06:18 PM
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Norma Toering

Palos Verdes Homes in Los Angeles Area
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I am a California real estate Broker-owner. Tune in for Best Buys in Palos Verdes; Market Updates; Buy & Sell Signals; Advice to Buyers & Sellers and other real estate related topics of interest. Updates will be posted on all four cities on the Palos Verdes Peninsula, PV School District and other happenings on The Hill.

South Bay Los Angeles cities I sell real estate in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

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