Deasy Penner Podley's Market Report

San Marino, CA

Single-Family Homes

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



San Marino, CA

Sat Nov 27 2021
This week the median list price for San Marino, CA is $3,780,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has increased to 37. 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 recently plateaued. 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

Sat Nov 27 2021
This week the median list price for San Marino, CA is $3,780,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has increased to 37. 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 recently plateaued. 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 $3,780,000
Median Price of New Listings $3,334,000
Per Square Foot $1,052
Average Days on Market 105
Median Days on Market 63
Price Decreased 16%
Price Increased 5%
Relisted 14%
Inventory 37
Median Rent $5,300
Market Action 40
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
$12,880,000 7,200 1 - 2.5 acres 6 6 93 0 0 112
$4,580,000 4,580 0.25 - 0.5 acre 5 3.5 74 1 1 84
$3,369,000 3,193 0.25 - 0.5 acre 4 4 73 0 0 63
$2,199,000 2,320 0.25 - 0.5 acre 4 3 80 1 3 10