San Marino real estate housing status has remained pretty stable in August 2008. We did see an increased number of homes listed by real estate agents that have expired – meaning the sellers decided to take these homes off the real estate market. Both June and July of this year had an average of 4 San Marino homes expire, but in August we saw 11 homes that were taken off the market.
The number of San Marino homes that were newly listed is about the same as in previous months. The number of San Marino home sales for August is also running pretty close as the rest of the summer months. The chart below gives the specific for the last three months.
Least expensive San Marino home in August was $899,999.
Most expensive San Marino home listing in August was selling for $8,900,000.
Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the San Marino real estate market.
| Single Family Residence | Jun-08 | Jul-08 | Aug-08 |
| New Listings | 13 | 14 | 12 |
| Total Listings | 41 | 41 | 31 |
| Sales Pending | 8 | 13 | 8 |
| Homes Sold | 15 | 12 | 15 |
| Listings Expired | 4 | 4 | 11 |
| Average Days on the Market | 77 | 60 | 51 |
| Average Price Per Sq. Ft. | $552 | $601 | $589 |
| Average Selling Price | $1,638,045 | $1,461,150 | $1,416,600 |
| Absorption Rate (# of weeks to sell current inventory at present rate of sales) | 17.8 | 11.8 | 11.2 |
Data of San Marino homes for sale and San Marino solds was taken directly from ITEC (Pasadena Foothill MLS)
READ MORE: San Marino Real Estate Market Report for September 2008
FIND SAN MARINO HOMES FOR SALE
Posted by Irina Netchaev, San Marino Luxury Home Real Estate Specialist
- 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!
