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San Marino Market Update

By
Industry Observer CalDRE #01165532

San Marino Market Update


San Marino Real Estate - Realtor Michael Jacobs 818.516.4393 cell


San Marino is a city in the San Gabriel Valley of Southern California.   Well-manicured single family homes on tree-lined streets are the order of the day - you’ll find no apartments or condos in this small city.   The Huntington Library, Art Collections and Gardens is a major attraction and was formerly the home of Henry Huntington, the railroad tycoon.   A well regarded and nationally recognized school district, newer public library and the beautiful Lacy Park in the center of the community all combine to create a very pleasing environment in a location that is convenient to Pasadena and the San Gabriel as well as Downtown Los Angeles.


There are currently 32 properties on the market for sale in San Marino ranging in price from $965,000(a three bedroom, two bath home with approximately 1741 square feet on La Paz Drive) to $6,988,000(a 1978 built home with approximately 6772 square feet on more than an acre of land).   


There are 23 properties in escrow.   According to our local multiple listing service as of June 21, 2012, there have been 54 homes sold.  The sold prices ranged from $750,000(a two bedroom, one bath on Los Robles) to $4,700,000(circa 1928 estate on Shenandoah).   

Would you like more detailed information regarding San Marino real estate?  Are you thinking of buying or selling?   Just curious?   I look forward to hearing from you and can be reached at 818.516.4393 cell or michaeljacobs@coldwellbanker.com


San Marino Real Estate -- Realtor Michael Jacobs 818.516.4393 cell

















































Posted by

Michael Jacobs

 

CalBRE # 01165532

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - From reading your market reports and neighborhood posts, it's quite apparent that you have a deep understanding of an area within Greater Los Angeles that abounds with lovely communties, well-priced homes and lifestyle amenities.

Jun 22, 2012 03:58 AM
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Michael, even though I am beat and still have a PA to write, I wanted to stop by and thank you for your great market reports.  They are understandable and beat out all your competition.  Have  a great weekend in the San Gabriel Valley.

Jun 22, 2012 11:13 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael I love San Marino, especially the mansions that are near the Ritz!

Jun 22, 2012 12:04 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Michael - Great information about San Marino, I wonder what your absorption rate is with all those sales and only 32 homes for sale.

Jun 22, 2012 01:01 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Great description Michael, San Marino sounds like a great place to live

Jun 23, 2012 12:49 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Dick -- I appreciate you stopping by, reading and then commenting -- the San Gabriel Valley offers many interesting neighborhoods in our varied communities.

Don -- sorry it has taken me so long to respond -- I just realized I didn't come back to check comments left last week on this post.   Thanks very much.

Endre -- time for you to make a return visit to the San Gabriel Valley -- the Ritz Carlton in Pasadena is now the Langham Hotel and the homes nearby(most of which are actually in Pasadena) are indeed nice --- very, very nice.

Michelle -- we are currently experiencing a seller's market in San Marino.

Will -- yes, it is!   It is one of the most desirable locations in Los Angeles County.

Jun 29, 2012 02:57 PM