Every Thursday is a Broker’s Open House day in San Marino. This is an opportunity for San Marino real estate agents to preview all the homes that were listed in San Marino for the week. This also gives an opportunity for San Marino sellers to showcase their homes and make sure that they are well presented to potential buyers and real estate agents.
Today, San Marino had a record 7 homes for sale open for broker’s preview (2 homes were price reductions):
| Address | BR/BA | Price | Prce/Sq.Ft | |
| 2045 Sherwood Road, San Marino | 3/2 | $1,460,000 | $803 | |
| 2070 Lorain Road, San Marino | 3/2 | $1,285,000 | $740 | |
| 1870 Carlisle Drive, San Marino | 2/1 | $1,175,000 | $698 | |
| 2769 Gainsborough Drive, San Marino | 4/5 | $2,399,000 | $664 | |
| 2804 Carlaris Road, San Marino | 5/3 | $1,699,000 | $568 | |
| 2734 Monterey Road, San Marino | 4/3 | $1,298,800 | $566 | Price Reduced |
| 1479 Vandyke Road | 3/3 | $1,350,000 | $546 | Price Reduced |
A San Marino Real Estate Market Snapshot:
San Marino Homes for Sale 47 at $649/sq. ft. on average
San Marino Homes Under Contract 26 at $572/sq. ft. on average
San Marino Homes Already Purchased by San Marino Home Buyers:
| Month | # of Homes Sold | Price Per Sq. Ft. | % of Sales Price to List Price |
| January-08 | 5 | $612 | 101.86 |
| February-08 | 6 | $479 | 91.45 |
| March-08 | 6 | $668 | 107.03 |
| April-08 | 7 | $578 | 98.93 |
| May-08 | 10 | $589 | 102.35 |
| June-08 | 11 | $576 | 99.77 |
| YTD | 42 | $582 | 100.51 |
Sellers, if these numbers
do not speak to you, let
me. You are OVERPRICING
YOUR HOMES!!!
- The data is clear, San Marino Homes have been selling in the high $500s per sq.ft.
- Current homes on the market are averaging almost $650 per square foot.
- 4 out of 5 new listings this week are over $660 per square foot.
- Inventory is INCREASING
- San Marino’s Real Estate market absorbs approximately 7 homes per month.
- There are 47 homes on the market for sale.
- This means that we have more than 6.5 months of inventory!
San Marino sellers, please understand San Marino buyers are looking at hard data. This information is being provided to them by their San Marino Realtors.
A copy of this week’s San Marino report is available by clicking here – SAN MARINO REAL ESTATE MARKET REPORT If you would like to receive this report every week as it is updated, please email me.
Here are some of the latest San Marino homes for sale for your review:
- 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!







