San Marino real estate market did not show any drastic changes during the 2nd quarter of 2009. Number of homes available for sale has remained consistent in the mid 30s. Although the number of new listings decreased by 27% in June.

The least expensive home on the market in San Marino is priced at $1,180,000 and is located at 1445 S San Gabriel Blvd.

The most expensive San Marino home available for sale is priced at $5,600,000 and is located at 1505 Circle Drive.

The most interesting sale this month was an estate priced at $862.73 per square foot with an asking price of $5,625,000 that sold in 81 days at full price! This San Marino luxury estate was located at 920 Avondale Road.

Other interesting statistics:

3 San Marino homes sold over asking price

2 San Marino homes were sold at asking price

11 San Marino homes were sold under asking price

On average San Marino homes sold at 96% of asking price.

Real estate statistics for San Marino for April through June 2009:

Single Family Residence Apr-09 May-09 Jun-09
New Listings 14 15 11
Total Listings 35 39 36
Sales Pending 12 16 15
Homes Sold 10 14 16
Listings Expired 4 5 3
Average Days on the Market 67 49 67
Average Price Per Sq. Ft. $526 $585 $566
Median Selling Price $1,477,500 $1,649,000 $1,435,500
Average Selling Price $1,710,300 $1,863,057 $1,922,125
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 15.2 12.1 9.8

Data for San Marino real estate was taken from ITEC (Pasadena Foothill Association of Realtors)

Interested in seeing what is currently for sale in San Marino?

Specific information can be found at San Marino homes for sale post which is updated real time.

Interested in seeing more San Marino Real Estate Reports:

San Marino Real Estate report - five years in review 2003-2008

San Marino real estate report for May 2009

San Marino real estate report for March 2009


San Marino City Guide

South Pasadena City Guide

Altadena Foreclosures List

Burbank Foreclosure Home List

Pasadena Foreclosure Home List

South Pasadena Foreclosure Home List

See all San Marino homes for sale below and sign up for our VIP service which allows you to search for homes like a real estate agent:

Click here for a list of homes in San Marino that are listed in the MLS.

If you are thinking of buying or selling your San Marino home, please give us a call for a comprehensive and free consultation. We can be reached at 626-629-8439


Pasadena Real Estate Agents

Pasadena, CA