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 Apr 02 2020
This week the median list price for San Marino, CA is $3,499,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 36. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Marino, CA

Thu Apr 02 2020
This week the median list price for San Marino, CA is $3,499,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 36. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Marino market.
Median List Price $3,499,000
Per Square Foot $881
Days on Market 179
Price Decreased 22%
Price Increased 6%
Relisted 22%
Inventory 36
Median Rent $6,900
Most Expensive $12,880,000
Least Expensive $1,288,000
Market Action 31
Slight Seller'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
$6,700,000 6,540 0.5 - 1 acre 5 6 73 0 0 173
$3,850,000 4,060 0.25 - 0.5 acre 4 5 7 0 2 173
$2,988,888 3,597 0.25 - 0.5 acre 4 4 83 1 2 262
$1,788,000 2,206 8,000 - 10,000 sqft 3 3 74 1 1 106