San Marino CA real estate experienced a quiet week. Real estate trends released earlier this week indicated little movement on the market, but the number of San Marino CA real estate listings remained slim enough to keep most of our San Gabriel Valley areas in a seller’s zone, meaning that conditions favor home sellers over home buyers in the negotiation process.
The trends are based on this week alone, so it’s possible we’ll see better in weeks to come. We’ve already seen the Pasadena CA real estate markets swing wildly between one week and the next, so keep watching keep watching Classic Pasadena week by week for the latest news of housing conditions in your area.
These trends are based on Altos Research Real-Time Real Estate Data. If you’re interested in learning more about what your property could bring on the market, visit our Home Values page.
San Marino CA real estate: By the numbers
The median list price this week is $1,888,000. Again this week we see a downward notch for prices. Pricing has been weak in recent weeks versus their absolute-high levels. Activity is fairly flat on the market this week, but inventory is low enough that conditions continue to favor sellers.Average days on market: 62
Asking price per sq foot: $679
Market Action Index score: 41.2
See San Marino real estate listings
To read about market conditions in other areas of San Gabriel Valley, read our full blog on San Marino CA real estate and surrounding areas.
