Deasy Penner Podley's Market Report

San Marino, CA

Single-Family Homes

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



San Marino, CA

Sun Jan 29 2023
This week the median list price for San Marino, CA is $2,988,000 with the market action index hovering around 29. This is less than last month's market action index of 32. Inventory has increased to 25. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

San Marino, CA

Sun Jan 29 2023
This week the median list price for San Marino, CA is $2,988,000 with the market action index hovering around 29. This is less than last month's market action index of 32. Inventory has increased to 25. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the San Marino market.
Median List Price $2,988,000
Median Price of New Listings $2,825,000
Per Square Foot $972
Average Days on Market 150
Median Days on Market 112
Price Decreased 36%
Price Increased 4%
Relisted 12%
Inventory 25
Median Rent
Market Action 29
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$11,192,500 6,994 1 - 2.5 acres 6 6.3 95 0 0 350
$3,739,000 3,854 0.25 - 0.5 acre 4 3.8 73 1 0 80
$2,212,500 2,301 8,000 - 10,000 sqft 3 3 78 1 0 17
$1,920,000 1,981 8,000 - 10,000 sqft 4 3 84 0 2 119