Health & Fitness
San Marino CA real estate sees new life this week
San Marino CA real estate is seeing prices inch up as inventory lightens and sales outpace the number of listings.
San Marino CA real estate saw renewed life the week of July Fourth, with an uptick in prices as sales exceeded inventory. The numbers for this report were released Monday, June 30. Even with little market movement in the past few weeks, the low number of San Marino CA real estate listings has kept the area in a seller’s market, meaning that conditions favor home sellers in the negotiating process.
The numbers are based on this week alone; trends fluctuate from week to week, so keep watching my blog for these updates. If you’d like to read about market trends in other areas of San Gabriel Valley, visit www.nativatingyourmove.co for more articles.
These trends are based on Altos Research Real-Time Real Estate Data.
Find out what's happening in San Marinofor free with the latest updates from Patch.
San Marino CA real estate: By the numbers
The median list price this week is$1,888,000. Prices bumped up this week, though they are expected to level off before long.
Average days on market: 48
Find out what's happening in San Marinofor free with the latest updates from Patch.
Asking price per sq foot: $694
Market Action Index score: 40.7
Inventory has been lightening, and it remains a great time to list your San Marino CA real estate while negotiating power remains in the sellers’ corner.
