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 Sep 16 2021
This week the median list price for San Marino, CA is $3,498,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 41. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Thu Sep 16 2021
This week the median list price for San Marino, CA is $3,498,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 41. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $3,498,000
Median Price of New Listings $2,688,888
Per Square Foot $932
Average Days on Market 117
Median Days on Market 70
Price Decreased 34%
Price Increased 5%
Relisted 17%
Inventory 41
Median Rent $5,850
Market Action 39
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
$12,437,500 6,987 0.5 - 1 acre 5 5 81 1 2 105
$3,939,500 3,904 0.25 - 0.5 acre 4 4 73 2 1 45
$3,147,500 3,733 0.25 - 0.5 acre 4 4 88 1 1 70
$2,060,000 2,194 8,000 - 10,000 sqft 4 3 81 3 2 91