The median list price in SAN MARINO, CA this week is $1,698,000. The 33 properties have been on the market for an average of 139 days.
Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
For more information on San Marino Real Estate go to: http://www.lovelypasadenahouses.com/san-marino-homes.asp
ZIP Codes: 91108, 91118 Location Characteristics: San Marino is a small, affluent city in Los Angeles County, California. Incorporated in 1913, the City founders designed the community to be uniquely residential, with expansive properties surrounded by beautiful gardens, wide streets, and well maintained parkways. In 2009, Forbes Magazine ranked the city's 91108 ZIP code as the 79th most expensive area to live in the United States. Most homes were built between 1920 and 1950. The median list price of a single family home is US$1,987,500, as of July 2010