Deasy Penner Podley's Market Report

San Marino, CA

Single-Family Homes

www.dppre.com | 626.795.6262 | info@dppre.com



San Marino, CA

Thu Feb 20 2020
This week the median list price for San Marino, CA is $3,480,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 39. Click here to stay informed with the San Marino market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

San Marino, CA

Thu Feb 20 2020
This week the median list price for San Marino, CA is $3,480,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 39. Click here to stay informed with the San Marino market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the San Marino market.
Median List Price $3,480,000
Per Square Foot $923
Days on Market 202
Price Decreased 28%
Price Increased 5%
Relisted 26%
Inventory 39
Median Rent $6,500
Most Expensive $12,880,000
Least Expensive $1,350,000
Market Action 30
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,700,000 5,905 0.5 - 1 acre 6 6 51 0 0 231
$3,980,000 4,082 0.25 - 0.5 acre 4 5 71 0 0 208
$3,014,444 3,586 0.25 - 0.5 acre 4 4 82 3 1 232
$1,870,000 2,441 0.25 - 0.5 acre 3 3 84 1 2 137