How's the Real estate market for San Marino Homes for the week ending 1/13/14?
San Marino Real Estate is a Seller’s Market. Here's why:
· About 2 weeks supply of homes trending!
· 7 Homes available (1 New this week)
The 6 month numbers are as follows:
Average Sale Price: $2,222,401
Median Sale Price: $1,880,000
Average Days on Market: 40
Average Sale Price to List Price Ratio: 104.05%
Of Special Note this week: Happy New Year! Returning after a month off for the holidays (nothing ever happens here during the holidays!), we find inventory to be even less than before. There is little change in the pricing, up or down, due to the holiday slow period. One property sold this 2nd week of the year, and, ahead of the next new year wave, 1 new property became available. Look for my year-to-year comparison article coming out with the week for the bigger picture perspective. Next weeks report is expected to be quite different as we move further into the new year.
That’s the market for San Marino homes for sale for the week ending 1/13/14.
Comments(1)