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Overbid of the Month - 1522 Wembley Road, San Marino

July's San Marino Overbid Home: 1522 Wembley Road

It’s always interesting to see what homes sell for as compared to the home’s asking price

When I start working with a new buyer, I recommend that we set them up to receive home listings directly from the MLS (Multiple Listing Service) inclusive of homes that go under contract and homes that just sold. 

Why?  Because getting information on home sales show how quickly these homes sell and for how much.  It’s the quickest and easiest way to get a pulse on the real estate market.

So far, San Marino real estate home sales for the month of July are at 9 homes sold.

On average, these homes sold at 97.97% of asking price.  That’s pretty good considering the average price per square foot for these San Marino homes is $611.22 and they were on the market for 57 days on average.*

This month, there was a bit of a multiple offer war for the property at 1522 Wembley Road: 

1522 Wembley Road

It originally came on the San Marino real estate market at $1,598,000.  It just closed escrow (SOLD) at $1,668,000 at a whopping $725.85 a square foot (compare it to the $611 average for the rest of the sales.)  It also sold in about two weeks!

Why was this home so special?

The location was great - it was in the Huntington LibraryDistrict of San Marino minutes from Lacy Park.  This home was beautifully staged and nicely updated. 

Congratulations to the Sellers and the new Buyers!

Interested in More San Marino Real Estate data? 

ALSO READ:  San Marino Real Estate Market Report

* ITEC data as of July 29,2008



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Posted on July 29, 2008 09:18:40
Posted by: irina.netchaev

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FREE Summer Concerts in the Park

List of free summer park concerts

Summer is about being outdoors, enjoying activities with friends and family and of course, heading over to your favorite park for a concert.  If that concert is free, well… that’s even better.

So, without further ado, here’s a list of Summer Concerts in the Park.

ALHAMBRA, CA

Location:  2nd Street, between Main Street & Commonwealth Avenue

Time:  6:00 to 10:00 pm (Headliner Band starts at 8:30 pm)

August 2 Foreigner
August 9 Kenny Loggins
August 16 The Fab Four
August 29 Tower of Power

 READ MORE:  Alhambra, California

 

ARCADIA, CA

Location:  City Hall West Lawn, 240 West Huntington Drive, Arcadia

Time:  7 pm to 8:30 pm

August 7 Juke Box heroes (Elvis & Buddy Holly Tunes)
August 14 Mrs. Murphey’s Chowder (High Energy Irish/American Show)
August 21 Nannett & Her Hotsy totsy Boys (Days of the Roaring 20s)

READ MORE:  Arcadia California

COVINA, CA

Location:  Covina Park Bandshell, 301 North 4th Avenue, Covina

Time:  7:30 pm

August 4 Covina’s Got Talent (Favorite Local Talents)
August 11 Teresa James & The Rhythm Tramps (Funky & Greasy)

 

GLENDORA, CA

Location:  Bandshell at Finkbiner Park, 160 North Wabash Avenue, Glendora

Time:  6:00 pm

August 3 Rodeo Drive (Cabaret/Show Tunes)
August 10 Surfin’ Safari (Beach Boys Tribute)
August 17 Cold Duck (Classic party Favorites)

 

LA CANADA FLINTRIDGE

Location:  Memorial Park, 1301 Foothill Blvd

Time:  6:00 pm until 8:00 pm

August 3 Palm Drive (Classic Rock)
August 10 Swing Inc.
August 17 LCF Community Band (American Concert)
August 24

Hot August Night (Neil Diamond Tribute)

Followed by  “High School Musical 2″

 

LOS ANGELES - DOWNTOWN

Location:  California Plaza, 350 South Grand Avenue, Downtown Los Angeles

Call:        213-687-2159      

August 1 12 pm Fresh Roots Jazz Festival
August 1 7 pm Fresh Roots Jazz Festival
August 2 8 pm Armenia Mania!
August 3 8 pm Armenia Mania!
August 7 8 pm Musicology 204:Josh Kun’s Brass Band Odyssey
August 8 12 pm Jaipur Kawa Brass Band
August 8 8 pm Jaipur Kawa Brass Band
August 9 8 pm Miadi Chamber Orchestra, Chuckto Valdez
August 15 12 pm Lal Meri
August 15 8 pm Movies that Matter - The World According to Sesame St.
August 16 8 pm Movies that Matter - Gypsy Caravan
August 17 1 pm Sustainable LA
August 22 12 pm Double G’s Brass pass
August 22 8 pm Very Be Careful and Money Mark with Big Band
August 23 8 pm daKAH Hip Hop Orchestra
August 24 3 pm A Celebration of Nea Fold Arts Heritage award winners
August 29  12 pm Andy Palacio Tribute with teh Garifuna Collective & Umalali
August 29   8 pm Andy Palacio Tribute with teh Garifuna Collective & Umalali

 

MONROVIA, CA

Location:  South West Portion of Recreation Park, 620 South Shamrock Avenue, Monrovia, CA

Time:  6:30 pm to 8:00 pm

August 3 Suave (R&B)
August 10 Instant Replay (60s Surf)
August 17 Doo Wah Riders (Country)

 

PASADENA, CA

Location:  Levitt Pavillion, 87 North Raymond Avenue #250, Pasadena

Read more »



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Posted on July 29, 2008 06:34:32
Posted by: irina.netchaev

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Pasadena Mortage Rates Report: July 25, 2008

Let it ride- slightly lower mortgage expected at the end of July

Pasadena Mortgage rates for July 25, 2008.  Loan amounts up to $417,000:

 

3/1 ARM              5.625%

5/1 ARM              5.750%

7/1 ARM              6.125%

10/1 ARM            6.375%

30 Yr Fixed          6.375%

 

All rates offered to the borrower with 1 point cost.  Rate quotes assume a purchase transaction with a 20% down payment, 720 credit score, and full income qualification.  Rates are subject to fluctuation.  Custom rate quotes and rate lock advice are available by calling (858)-777-9751.

 

PASADENA MORTGAGE RATE TREND:

 

Next 7 days:       Slightly Lower

Next 30 days:     Slightly Lower

Next 3 months:   Neutral



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Posted on July 25, 2008 10:51:44
Posted by: irina.netchaev

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Sierra Madre Real Estate Market Report

If you are living in Sierra Madre or are thinking about relocating to Sierra Madre, you've come to the right place.

If you are living in Sierra Madre or are thinking about relocating to Sierra Madre, you’ve come to the right place. 

This post will be updated monthly, around the first week of the month, for the previous month and will give you key real estate market indicators for Sierra Madre California.  Bookmark this page and visit it each month to see how Sierra Madre homes and condos are faring in today’s real estate market.

If you are already a Sierra Madre homeowner and would like to get a monthly email sent to you with real estate activity around your Sierra Madre home, please click here and order your real estate monthly market report.  You will not be contacted by me or anyone on my team and the information will be generated automatically via email based on the criteria that you list.

If you are seriously considering selling your Sierra Madre home and would like a private consultation, please contact me at  626-627-7107  or Irina@Irina4RealEstate.com.

Sierra Madre Real Estate Market Report for the month of June 2008:

Single Family Residence

Jun-08

New Listings

23

Total Listings

60

Sales Pending

5

Homes Sold 

5

Listings Expired

4

Average Days on the Market 

131

Average Price Per Sq. Ft.

$475

Average Selling Price

$961,600

 

 

 

 

Condos and Townhomes

Jun-08

New Listings

1

Total Listings

5

Sales Pending

1

Homes Sold 

4

Listings Expired

0

Average Days on the Market 

233

Average Price Per Sq. Ft.

$435

Average Selling Price

$745,000

Sierra Madre Real Estate Market Report for the month of May 2008:

Read more »



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Posted on July 23, 2008 00:38:12
Posted by: irina.netchaev

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San Gabriel Real Estate Market Report

If you are living in San Gabriel or are thinking about relocating to San Gabriel, you've come to the right place.

If you are living in San Gabriel or are thinking about relocating to San Gabriel, you’ve come to the right place. 

This post will be updated monthly, around the first week of the month, for the previous month and will give you key real estate market indicators for San Gabriel California.  Bookmark this page and visit it each month to see how San Gabriel homes, condos and townhomes are faring in today’s real estate market.

If you are already a San Gabriel homeowner and would like to get a monthly email sent to you with real estate activity around your San Gabriel home, please click here and order your real estate monthly market report.  You will not be contacted by me or anyone on my team and the information will be generated automatically via email based on the criteria that you list.

If you are seriously considering selling your San Gabriel home and would like a private consultation, please contact me at     626-627-7107     or Irina@Irina4RealEstate.com.

San Gabriel Real Estate Market Report for the month of June 2008:

Single Family Residence


Jun-08

New Listings 18

Total Listings 91

Sales Pending 13

Homes Sold  24

Listings Expired 9

Average Days on the Market  98

Average Price Per Sq. Ft. $358

Average Selling Price $580,783

   

   

Condos Jun-08

New Listings 6

Total Listings 21

Sales Pending 0

Condos Sold  1

Listings Expired 1

Average Days on the Market  54

Average Price Per Sq. Ft. $325

Average Selling Price $588,000

   

   

Townhomes Jun-08

New Listings 3

Total Listings 14

Sales Pending 1

Townhomes Sold  0

Listings Expired 5

Average Days on the Market  n/a

Average Price Per Sq. Ft. n/a

Average Selling Price n/a


San Gabriel Real Estate Market Report for the month of May 2008:

Read more »



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Posted on July 22, 2008 18:46:15
Posted by: irina.netchaev

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Irina Netchaev
Keller Williams Realty
445 South Fair Oaks
Avenue

Pasadena, CA 91105
Cell: 626-627-7107
Direct: 626-204-3340
Fax: 800-584-4632
irina@irina4realestate.com


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