An average price of a San Marino CA home for 2007 is $1,750,000. With San Marino Real Estate prices being so high, are all homes in San Marino considered luxury homes?
It's hard to come up with a definition of a luxury home. What's luxurious to some is just average to others.
Real Estate Agents in San Marino California and the rest of the country usually agree that a luxury home is usually at the top 10% of the MLS (Multiple Listing Service) prices for a particular area.
Looking at the last 136 home sales in San Marino, it's clear that if we apply the definition above, the luxury price point in San Marino starts at $3,000,000.
Currently, there are three luxury homes in San Marino California that fall into this category:
1390 Oxford Road, San Marino
Offered at $2,980,000 (a little below the $3 million point, but by just a touch.
2065 Courtland Avenue, San Marino
Offered at $4,530,000
1385 Old Mill Road, San Marino
Offered at $9,300,000
For a list of luxury homes or estates in San Marino California available for sale today, please click the link below:
To start your dream home search in San Marino, California, please call Irina at 626-629-8439 or email me.