Here's a quick summary of statistics for the San Marino Real Estate market. The full post with commentary can be found on the San Marino California real estate site.
Here's what the San Marino Statistics for the last three months looked like - November 2008 through January 2009:
| Single Family Residence | Nov-08 | Dec-08 | Jan-09 |
| New Listings | 7 | 2 | 9 |
| Total Listings | 31 | 22 | 24 |
| Sales Pending | 4 | 3 | 4 |
| Homes Sold | 7 | 9 | 3 |
| Listings Expired | 5 | 12 | 6 |
| Average Days on the Market | 38 | 44 | 43 |
| Average Price Per Sq. Ft. | $597 | $576 | $513 |
| Median Selling Price | $1,220,000 | $1,679,000 | $1,780,000 |
| Average Selling Price | $1,230,714 | $1,877,889 | $1,736,667 |
| Absorption Rate (# of weeks to sell current inventory at present rate of sales) | 19.2 | 10.6 | 34.7 |
Data above compiled from ITEC (Pasadena Foothill Association of Realtors and Multiple Listing Service)
Read More: San Marino real estate statistics for December 2008
San Marino Real Estate - Five Years in Review
