San Marino Real Estate Statistics for October 2011 – San Marino California – Single Family Homes
San Marino is a very affluent community next to Pasadena. It is known for the Huntington Library, magnificent mansions and #1 rated public school district. This report will provide you with an overview of the real estate market.
 Canterbury Road in San Marino |
 Orlando Road in San Marino |
- There are only 13 active homes for sale in San Marino California ranging between $1,089,688 to $3,380,000. And, only 3 of these homes were listed in the month of November with an average list price of $1,296,000. The home inventory keeps getting lower and lower!
- There are 7 homes that are currently in escrow and in the past 30 days there have been 12 closed sales with an average closed price $2,544,317. On average these 7 real estate listings were marketed for 178 days.
- YTD there have been 120 closed sales with an average sold price of $1,750,893 spending an average of 95 days on the market.
- Average price per square foot was $568
- Average interior square footage – 2,9103,025
- Highest Priced Home Sold for November 2011 – $6,680,000 – an all CASH sale at $987 per square foot.
- Lowest Priced Home Sold for November 2011 – $1,100,000 – another all cash sale!
For comparison purposes, 2010 San Marino real estate market information is below:
- 2010 had 117 closed sales with an average sold price of $1,924,304 spending an average of 58 days on the market with an average price of square foot running at $603.
- Highest Sold– $6,200,000 – 58 days on the market
- Lowest Sold– $818,888 – 11 days on the market
Here’s a 10 year look:
Previous San Marino Market Reports
October 2011
- There are only 19 active single family homes for sale in San Marino California ranging between $950,000 to $3,380,000. And, 14 of these homes were listed in the month of October with an average list price of $1,781,400. The inventory is the lowest of the year!.
- There are 14 pending/under contract sales and in the past 30 days there has been 10 closed sales with an average closed price $1,478,000. It is still taking a little less than 3 months to sell homes in San Marino.
- YTD there have been 107 closed sales with an average sold price of $1,665,622 spending an average of 86 days on the market.
- Average price per square foot was $567
- Average interior square footage – 2,910
- Highest Priced Home Sold for October 2011 – $2,700,000 – marketed for 51 days and sold to an all cash buyer at 90.06% of asking price.
- Lowest Priced Home Sold for October 2011 – $887,000 – over a year on the market. The original asking price on this home was $1,650,000.
September 2011
- There are 30 active single family homes for sale in San Marino California ranging between $968,000 to $4,500,000. Only 4 of these homes were listed in the month of September with an average list price of $2,216,000.
- There are 21 pending/under contract sales and in the past 30 days there has been 18 closed sales with an average closed price $1,489,444.
- YTD there have been 97 closed sales with an average sold price of $1,685,094 spending an average of 83 days on the market.
- Average price per square foot was $569
- Average interior square footage – 2,932
- Highest Priced Home Sold for September 2011 – $2,820,000 – marketed for only 38 days and sold to an all cash buyer.
- Lowest Priced Home Sold for September 2011 – $845,000 – 66 days on the market and sold with VA financing.
August 2011
- There are 35 active single family homes for sale in San Marino California ranging between $968,000 to $4,500,000. 10 of these homes were listed in the month of August with an average list price of $1,899,169.
- There are 6 pending/under contract sales and in the past 30 days there has been 7 closed sales with an average closed price $1,840,413.
- YTD there have been 79 closed sales with an average sold price of $1,730,243 spending an average of 85 days on the market.
- Average price per square foot was $572
- Average interior square footage – 2,980
- Highest Priced Home Sold for August 2011 – $3,290,000 – marketed for only 50 days.
- Lowest Priced Home Sold for August 2011 – $1,260,000 – 54 days on the market.
July 2011
- There are 47 active single family homes for sale, an increase of 12 from last month, in San Marino California ranging between $849,000 to $5,998,000. 16 of these homes were listed in the month of July with an average list price of $1,988,375.
- There are 18 pending/under contract sales and in the past 30 days there has been 17 closed sales with an average closed price $1,670,249 spending an average of 85 days on the market.
- YTD there have been 72 closed sales with an average sold price of $1,719,382 spending an average of 86 days on the market
- Average price per square foot was $569
- Average interior square footage – 2,974
- Highest Priced Home Sold for July 2011 – $6,398,000 – sold at 92% of list price and marketed for only 140 days.
- Lowest Priced Home Sold for July 2011 – $935,000 – 153 days on the market.
June 2011
- There are 35 active single family homes for sale in San Marino California ranging between 875,000 to $4,500,000. 10 of these homes were listed in the month of June with an average list price of $2,046,700.
- There are 11 pending/under contract sales and in the past 30 days there has been 10 closed sales with an average closed price $1,638,200 spending an average of 71 days on the market.
- YTD there have been 55 closed sales with an average sold price of $1,733,675 spending an average of 77 days on the market
- Average price per square foot was $591
- Average interior square footage – 3,007
- Highest Priced Home Sold for June 2011 – $5,800,000 – 62 days on the market.
- Lowest Priced Home Sold for June 2011 – $688,000 – 27 days on the market!
May 2011
- There are 41 active single family homes for sale in San Marino California ranging between 875,000 to $6,800,000. 37 of these homes were listed in the month of May with an average list price of $2,109,000.
- There are 13 pending/under contract sales and in the past 30 days there has been 12 closed sales with an average closed price $1,897,000 spending an average of 97 days on the market.
- YTD there have been 45 closed sales with an average sold price of $1,754,891 spending an average of 78 days on the market
- Average price per square foot was $587
- Average interior square footage – 3,063
- Highest Priced Home for May 2011 – $5,80,000 – 658 days on the market. ***
- Lowest Priced Home for May 2011 – $1,150,000 – 93 days on the market.
*** I thought it was interesting to note that the highest priced sale last month was for a beautiful 1930 Wallace Ness with over 14,000 sq. ft. It is located at 1221 Virginia just North of Lacy Park and I’m sure was absolutely glorious when it was built. Today, it will need a lot of loving restoration, but this home will be quite something to behold upon completion of the renovations by the new buyer.
Scroll down below the home listings to see previous months real estate data. If you have any specific questions, feel free to leave a comment below or email me directly.
Selection of San Marino Homes for Sale:
- Fri, 03 Feb 2012 16:51:00 +0000: $2,886,000 :: 2115 Adair Street, San Marino CA, 91108 - San Marino Homes for Sale
5 beds, 2 full, 2 part baths
Home size: 3,875 sq ft
Lot Size: 10,438 sq ft
Added: 01/29/12, Last Updated: 02/03/12
Property Type: Single Family, Residential
MLS Number: 22159850
Community: San Marino
This spectacular, south facing Mediterranean estate is located on one of the most desirable streets in San Marino, short distance to schools & library.This gracious home features a formal entry leads to a step-down, inviting living room with an elegant fireplace and dual sets of French doors opening to a comfortable family room with fireplace and views of charming courtyard.A spacious formal dining room opens to the gourmet kitchen features beautiful tiled countertops,6-burner range,lots of cabinet space and an eating area.There is a bedroom with bath on the main floor. The second floor features 4 bedrooms,including 2 large bedroom suites,each with large closets and en-suite baths,and two additional good-sized bedrooms share a full bath.The beautifully landscaped front and rear garden features towering palm trees,lush plantings,flowers,trellised patio,courtyard with romantic fountain, majestic oak tree and grassy areas. New paint, re-finished hardwood floor, new carpet.
Listed with Sabrina Wu, Coldwell Banker
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com! - Fri, 03 Feb 2012 12:35:00 +0000: $1,199,000 :: 1415 South San Gabriel Boulevard, San Marino CA, 91108 - San Marino Homes for Sale
4 beds, 2 full, 1 part baths
Home size: 2,340 sq ft
Lot Size: 11,517 sq ft
Added: 11/29/11, Last Updated: 02/03/12
Property Type: Single Family, Residential
MLS Number: W12009888
Community: San Marino
The price of this listing was last increased on 1/23/2012 by 0%
Fantastic Gem Ready For You To Move In! Award-Winning San Marino Schools!Very Well Maintained One-Story Home On Large 11,520 SF Lot! Recently Remodeled From 2008-2010--Newer Roof, Upgraded Kitchen With Granite Counter Tops, Newer Copper Plumbing,Newer Bathrooms, Newer Driveway Pavement*Large Living Space 2,340 SF With 4 Bedrooms And 3 Bathrooms*Wonderful And Bright Formal Living Room With Large Fireplace And Bay Windows*Huge Family & Game Room With High-Soaring Ceilings And Additional Fireplace, Potential Wet Bar Area In Den*See The Exquisite Craftsmanship Throughout The Home Featuring Detailed Interior Walls With Finely-Painted Wood Crown Molding And Wainscotings Throughout*Spectacular Heated Swimming Pool With Diving Board & Water Slide, Attached With Nice Spa And Relaxing Private Patio*Approved San Marino City Permit Of Circular Driveway * *Walking Distance to Carver Elementary*Minutes Drive To:Huntington Middle, San Marino High School,Huntington Library,Renowned Cal-Tech,Pasadena City College,And Shopping Centers*Perfect For Entertaining Guests And Large Family Gatherings*Motivated Sellers Entertain All Offers*Do Not Wait! A Must See!**VIRTUAL TOUR Available!Please call listing agent for easy showing appointment**OPEN Showing Sat 2/4 1:00-4:00PM**
Listed with WEIGE YUN, COLDWELL BANKER DYNASTY/TC
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com! - Thu, 02 Feb 2012 15:07:00 +0000: $1,188,000 :: 1867 Carlisle Drive, San Marino CA, 91108 - San Marino Homes for Sale
3 beds, 1 full, 1 part baths
Home size: 1,888 sq ft
Lot Size: 9,098 sq ft
Added: 01/30/12, Last Updated: 02/02/12
Property Type: Single Family, Residential
MLS Number: 22160894
Community: San Marino
Immaculate and lovingly maintained traditional in the heart of San Marino. Wonderful access to the outside for indoor/outdoor living. Updated Kitchen and Baths. Fabulous manicured, landscaped yard and covered Patio. Newer roof and gutters (2005), copper plumbing, gleaming hardwood floors. Abundant storage space. Very close to Valentine and Huntington Schools and the public library. A real jewel!
Listed with Terry Shelton (w/ Peter Shelton), Sotheby's International Realty
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com! - Thu, 02 Feb 2012 10:26:00 +0000: $1,598,000 :: 2490 Cumberland Road, San Marino CA, 91108 - San Marino Homes for Sale
4 beds, 2 full, 2 part baths
Home size: 2,714 sq ft
Lot Size: 8,408 sq ft
Added: 01/23/12, Last Updated: 02/02/12
Property Type: Single Family, Residential
MLS Number: 22160455
Community: San Marino
Character English with elegance and style centrally located within close proximity to high school and shops on Huntington Drive. Four bedrooms, including outstanding Master Suite, and four bathrooms, spacious family room with adjacent informal dining area, living room and dining room with beautiful leaded glass windows, recently remodeled interior and kitchen, lovely gardens with patio and spa. In 2005, REST measured home at 2816 Sq.ft.
Listed with Mary Haltom, Coldwell Banker
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com! - Thu, 02 Feb 2012 09:40:00 +0000: $1,598,000 :: 2140 South El Molino Avenue, San Marino CA, 91108 - San Marino Homes for Sale
4 beds, 1 full, 2 part baths
Home size: 2,941 sq ft
Lot Size: 9,810 sq ft
Added: 01/11/12, Last Updated: 02/02/12
Property Type: Single Family, Residential
MLS Number: 22160120
Community: San Marino
Located in the sought-after Mission District, this well-maintained home has been in the same family for over 35 years! The living room has a handsome marble front fireplace, gleaming wood floor & deep crown moldings. There is a huge family room with built-in book cases/display shelves & highlighted by an impressive wall-to-wall glass with a sliding door opening to the rear garden & pool. Adjacent is a charming casual dining area with French doors leading to the tranquil deck. The formal dining room showcases wood floors & an elegant chandelier. The efficient, multi-station kitchen features a built-in desk area & wonderful storage. A guest bedroom and a renovated bathroom complete the 1st floor. On the 2nd floor is the large master suite with an incredible walk-in closet room, two additional bedrooms & an updated hallway full bath. The added bonus is a 209 sq.ft. home office next to the detached 2 car garage. This well-cared for home-sweet-home awaits its new lucky owner to enjoy!!!
Listed with Janice Lee, Prudential California Realty
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
Interested in more information about San Marino and surrounding cities, check out our City Guides below:
And, if you are interested in fun activities to do in San Marino and the surrounding cities, take a look at our 365 Things To Do in Pasadena™ page.
Thinking of selling your San Marino home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s San Marino Real Estate Market.
Thanks for the great post. The info you’ve shared will be quite helpful for buyers interested in purchasing properties in the area. And also by looking at the pictures, I’d say that these are worthwhile investments for property buyers.