How's the Real estate market for San Marino for the week ending 12/15/2013?
San Marino Real Estate is a Seller’s Market. Here's why:
· Less than 1 month supply of homes trending
· 10 Homes available (0 New this week)
The 6 month numbers are as follows:
Average Sale Price: $2,204,605
Median Sale Price: $1,850,000
Average Days on Market: 40
Average Sale Price to List Price Ratio: 104.63%
Of Special Note this week: 4 properties closed this week, one at over 13% over list! Average dollar per foot is still showing some late summer numbers of over $1,000 but the current typical is hovering just over $700.00. Due to the holiday slump, and perhaps some uncertainty in the Chinese economy, nothing went into escrow this week. As 2013 comes to a close, we’ll see if this short term trend continues.
That’s the market for San Marino homes for sale for the week ending 12/15/13