Deasy Penner Podley's Market Report

San Marino, CA

Single-Family Homes

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



San Marino, CA

Wed Oct 20 2021
This week the median list price for San Marino, CA is $3,589,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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

Wed Oct 20 2021
This week the median list price for San Marino, CA is $3,589,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $3,589,000
Median Price of New Listings $2,446,500
Per Square Foot $1,046
Average Days on Market 128
Median Days on Market 74
Price Decreased 25%
Price Increased 8%
Relisted 19%
Inventory 36
Median Rent $5,500
Market Action 38
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
$12,880,000 7,200 1 - 2.5 acres 6 6 93 0 0 70
$3,880,000 3,938 0.25 - 0.5 acre 4 4 73 0 0 91
$3,369,000 3,634 0.25 - 0.5 acre 4 4 85 1 1 49
$2,498,000 2,353 0.25 - 0.5 acre 4 3 73 1 2 49