It has always been surprising to me to see a very stable turnover of homes in San Marino California. Overall, San Marino is a pretty small town with only 4,500 housing units. All of them are single family homes - no condos or townhomes. However, for the last several years, each month, we see about 40 available home listings and somewhere around a dozen sales.
Here's a visual representation of home value available for sale vs sold in San Marino over the last five years:
Just to make it a bit clearer, take a look at the volume data below:
|1 month||1 year||5 years|
|Aug 09||Sep 09||% Change||Sep 08||Sep 09||% Change||Sep 04||Sep 09||% Change|
San Marino real estate activity for the months of June through September 2009 including median home price is below:
|Single Family Residence||Jun-09||Jul-09||Aug-09||Sep-09|
|Average Days on the Market||67||63||80||48|
|Average Price Per Sq. Ft.||$566||$582||$606||$562|
|Median Selling Price||$1,435,500||$1,515,500||$1,390,000||$1,540,000|
|Average Selling Price||$1,922,125||$1,738,242||$1,773,538||$1,544,250|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||9.8||14.8||13.7||15.9|
The highest priced home in San Marino for sale is at 1221 Virginia Road. It is listed for sale at $9,288,000.
The lowest priced home in San Marino is listed for sale at $948,000 and is located at 2225 S Los Robles Avenue.
All homes for sale in San Marino are listed below:
To see San Marino home details, please visit San Marino homes for sale.
For additional information on any of these homes or a private consultation about your real estate needs, please contact Irina Netchaev, your San Marino real estate agent at 626-629-8439.