San Marino home values strong despite downward trend

San Marino home values are generally among the healthiest in San Gabriel Valley. As of May 18, the median listing price for single-family homes in San Marino was $2,588,888.

Prices have slipped from their high point, but with a median listing price above $2 million, it’s difficult to consider the market anything but strong. San Marino home values still exceed those in Pasadena (median listing price is $799,000) and La Canada Flintridge ($1.649 million).

San Marino remains in a strong seller’s market with a Market Action Index score of 59.4. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions.

If you want to see San Marino home values for your property, visit homevaluesca.com.

San Marino home values: The market by the numbers

Median listing price: $2.89 million

Asking price per sq. foot: $915

Average days on the market: 91

Market Action Index: 59.4 (strong sellers market)

These market statistics come from Altos Research, which provides real-time real estate data.