Deasy Penner Podley's Market Report

San Marino, CA

Single-Family Homes

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



San Marino, CA

Mon Nov 30 2020
This week the median list price for San Marino, CA is $3,300,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 51. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Marino, CA

Mon Nov 30 2020
This week the median list price for San Marino, CA is $3,300,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 51. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Marino market.
Median List Price $3,300,000
Per Square Foot $914
Days on Market 108
Price Decreased 24%
Price Increased 0%
Relisted 14%
Inventory 51
Median Rent $5,000
Most Expensive $12,000,000
Least Expensive $1,695,000
Market Action 37
Slight Seller's Advantage

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$4,730,000 5,798 0.5 - 1 acre 5 6 92 1 0 110
$3,750,000 3,770 0.25 - 0.5 acre 4 5 66 2 0 133
$2,750,000 2,927 0.25 - 0.5 acre 4 4 73 2 1 113
$2,180,000 2,622 0.25 - 0.5 acre 4 3 80 0 2 77