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	<title>San Marino California Real Estate Market Resourcehousing inventory | San Marino California Real Estate Market Resource</title>
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	<description>Search All San Marino CA Realtors Houses and Property for Sale in MLS</description>
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		<title>San Marino Real Estate Market Analysis for May 2009</title>
		<link>http://www.sanmarinocarealestatehomes.com/san-marino-real-estate-market-analysis-for-may-2009/</link>
		<comments>http://www.sanmarinocarealestatehomes.com/san-marino-real-estate-market-analysis-for-may-2009/#comments</comments>
		<pubDate>Tue, 09 Jun 2009 16:15:30 +0000</pubDate>
		<dc:creator>irina</dc:creator>
				<category><![CDATA[Market Update]]></category>
		<category><![CDATA[housing inventory]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[San Marino]]></category>
		<category><![CDATA[San Marino market report]]></category>

		<guid isPermaLink="false">http://www.sanmarinocarealestatehomes.com/?p=431</guid>
		<description><![CDATA[The biggest change over the last several months in San Marino is the number of homes being sold and going into escrow.  Interestingly enough, home inventory is about the same.  San Marino gets a little more than a dozen new home listings each month.  with the inventory staying close to 40 over all. Real estate...]]></description>
			<content:encoded><![CDATA[<p>The biggest change over the last several months in <a href="http://pasadenaviews.com/san-marino-city-guide/" >San Marino</a> is the number of homes being sold and going into <a href="http://www.pasadenacarealestatehomes.com/pasadena-ca-real-estate-closing-costs" >escrow</a>.  Interestingly enough, home inventory is about the same.  San Marino gets a little more than a dozen new home listings each month.  with the inventory staying close to 40 over all.</p>
<p>Real estate market activity has picked up significantly in <a href="http://pasadenaviews.com/pasadena-city-guide/" >Pasadena</a> and surrounding neighborhoods and San Marino is also seeing an upswing in activity.  Price per square foot has gone up to the high $500s in May and that is based on 14 closed sales.</p>
<p>San Marino&#8217;s <a href="http://pasadenaviews.com/buyera-039-s-or-a-sellera-039-s-market-market-action-indicator-may-offer-help/" >Market Action Index</a> is still in the <a href="http://www.pasadenacarealestatehomes.com/real-estate/buyers" >home buyer</a>&#8217;s zone, but is slowly climbing back up:</p>
<p><img class="alignleft size-full wp-image-435" title="san-marino-market-action-index-as-of-june-2009" src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/06/san-marino-market-action-index-as-of-june-2009.jpg" alt="san-marino-market-action-index-as-of-june-2009" width="480" height="320" /></p>
<h3>San Marino real estate market statistics for February 2009 through May 2009:</h3>
<table border="5" cellspacing="0" cellpadding="0" width="514">
<colgroup span="1">
<col span="1" width="223"></col>
<col span="2" width="71"></col>
<col span="1" width="78"></col>
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<tbody>
<tr height="17">
<td width="223" height="17"><strong>Single Family Residence</strong></td>
<td width="71" align="right"><strong>Feb-09</strong></td>
<td width="71" align="right"><strong>Mar-09</strong></td>
<td width="78" align="right"><strong>Apr-09</strong></td>
<td width="71" align="right"><strong>May-09</strong></td>
</tr>
<tr height="21">
<td width="223" height="21">New Listings</td>
<td align="right">13</td>
<td align="right">18</td>
<td align="right">14</td>
<td align="right">15</td>
</tr>
<tr height="21">
<td width="223" height="21">Total Listings</td>
<td align="right">30</td>
<td align="right">38</td>
<td align="right">35</td>
<td align="right">39</td>
</tr>
<tr height="21">
<td width="223" height="21">Sales Pending</td>
<td align="right">4</td>
<td align="right">9</td>
<td align="right">12</td>
<td align="right">16</td>
</tr>
<tr height="21">
<td width="223" height="21">Homes Sold</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">10</td>
<td align="right">14</td>
</tr>
<tr height="21">
<td width="223" height="21">Listings Expired</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">4</td>
<td align="right">5</td>
</tr>
<tr height="21">
<td width="223" height="21">Average Days on the Market</td>
<td align="right">126</td>
<td align="right">29</td>
<td align="right">67</td>
<td align="right">49</td>
</tr>
<tr height="21">
<td width="223" height="21">Average Price Per Sq. Ft.</td>
<td align="right">$631</td>
<td align="right">$521</td>
<td align="right">$526</td>
<td align="right">$585</td>
</tr>
<tr height="21">
<td width="223" height="21">Median Selling Price</td>
<td align="right">$2,049,000</td>
<td align="right">$1,738,000</td>
<td align="right">$1,477,500</td>
<td align="right">$1,649,000</td>
</tr>
<tr height="21">
<td width="223" height="21">Average Selling Price</td>
<td align="right">$2,147,333</td>
<td align="right">$1,738,000</td>
<td align="right">$1,710,300</td>
<td align="right">$1,863,057</td>
</tr>
<tr height="63">
<td width="223" height="63"><strong>Absorption Rate</strong> (<em># of weeks to sell current inventory at present rate of sales</em>)</td>
<td align="right">32.5</td>
<td align="right">164.7</td>
<td align="right">15</td>
<td align="right">15</td>
</tr>
</tbody>
</table>
<p><strong>Search all San Marino <a href="http://www.pasadenacarealestatehomes.com/custom/mls" >homes for sale</a> &#8211; live feed from the Multiple Listing Service below:</strong></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>For more property detail, please visit <strong><a title="San Marino homes for sale" href="http://www.pasadenacarealestatehomes.com/san-marino-california-homes-for-sale">San Marino Homes for Sale post</a></strong>.</p>
<p><strong>READ MORE:</strong></p>
<p><a title="South Pasadena City Guide" href="http://pasadenaviews.com/south-pasadena-city-guide/">South Pasadena City Guide</a></p>
<p><a title="Altadena foreclosures and bank owned homes" href="http://www.irina4realestate.com/foreclosed-homes-in-altadena-california-reo-property-for-sale/">Altadena Foreclosures List</a></p>
<p><a title="Burbank real estate foreclosures" href="http://www.irina4realestate.com/burbank-foreclosures-homes-condos-townhomes-and-income-property-for-sale-burbank-real-estate/">Burbank Foreclosure Home List</a></p>
<p><a title="Pasadena Foreclosure List" href="http://www.pasadenacarealestatehomes.com/foreclosed-pasadena-homes-and-condos-for-sale-pasadena-real-estate-for-sale">Pasadena Foreclosure Home List</a></p>
<p><a title="South Pasadena real estate foreclosure" href="http://www.irina4realestate.com/foreclosed-homes-in-south-pasadena-south-pasadena-real-estate-reos-for-south-pasadena-homes-condos-and-townhomes/">South Pasadena Foreclosure Home List</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>If you are thinking of <strong>buying or selling your San Marino home</strong>, please give us a call for a comprehensive and free consultation. We can be reached at 626-204-3340. </strong></p>
<p><strong> </strong></p>
<h3 style="text-align: center;"><strong><strong>IRINA NETCHAEV &amp; ASSOCIATES</strong></strong></h3>
<p style="text-align: center;"><strong><strong><a href="http://www.pasadenacarealestatehomes.com/real-estate/pasadena" >Pasadena Real Estate</a> Agents</strong></strong><strong> </strong></p>
<p style="text-align: center;"><strong>Pasadena, California</strong></p>
<h2 style="text-align: center;"><strong><strong><strong>(626)629-8439</strong></strong> </strong></h2>
]]></content:encoded>
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		<title>New San Marino Homes on the Market</title>
		<link>http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/</link>
		<comments>http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 18:04:46 +0000</pubDate>
		<dc:creator>irina</dc:creator>
				<category><![CDATA[Market Update]]></category>
		<category><![CDATA[New Listings]]></category>
		<category><![CDATA[homes for sale]]></category>
		<category><![CDATA[housing inventory]]></category>
		<category><![CDATA[San Marino]]></category>

		<guid isPermaLink="false">http://www.sanmarinocarealestatehomes.com/?p=410</guid>
		<description><![CDATA[San Marino's new home inventory]]></description>
			<content:encoded><![CDATA[<p>In the first 10 days of March, 9 new homes were listed for sale in <a href="http://pasadenaviews.com/san-marino-city-guide/" >San Marino</a>. These luxury estates usually demand a starting list price of $1,000,000 and up and these homes were no exception.</p>
<p>The least expensive San Marino home for sale is listed at $1,075,000 and is at 572 South Berkely Avenue.</p>
<p>The most expensive home for sale this month (as of today) is listed at $4,600,000 at is located at 1999 Oak Knoll in San Marino.</p>
<p>Overall, San Marino&#8217;s real estate market fared well in the month of February.  </p>
<p><strong>Read More:  <a href="http://www.pasadenacarealestatehomes.com/san-marino-california-real-estate-market-update-for-february-2009">San Marino Real Estate Market Statistics, Inventory and More &#8211; February 2009</a></strong></p>
<table border="5" cellspacing="0" cellpadding="0" width="383">
<colgroup span="1">
<col span="1" width="125"></col>
<col span="1" width="29"></col>
<col span="1" width="31"></col>
<col span="2" width="64"></col>
<col span="1" width="70"></col>
</colgroup>
<tbody>
<tr height="34">
<td width="125" height="34"><strong>Address</strong></td>
<td width="29"><strong>BR</strong></td>
<td width="31"><strong>BA</strong></td>
<td width="64"><strong> Price</strong></td>
<td width="64"><strong>Price Per SqFt</strong></td>
<td width="70"><strong><a href="http://www.irina4realestate.com/mls/" >MLS</a> #</strong></td>
</tr>
<tr height="51">
<td width="125" height="51">572 S Berkeley Ave San Marino, CA 91108</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">1,075,000</td>
<td align="right">695.79</td>
<td align="right">22122327</td>
</tr>
<tr height="34">
<td width="125" height="34">1635 Rubio Dr San Marino, CA 91108</td>
<td align="right">4</td>
<td align="right">4</td>
<td align="right">1,325,000</td>
<td align="right">471.87</td>
<td align="right">22122338</td>
</tr>
<tr height="51">
<td width="125" height="51">1891 Twin Palms Dr San Marino, CA 91108</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">1,350,000</td>
<td align="right">554.19</td>
<td align="right">22122038</td>
</tr>
<tr height="51">
<td width="125" height="51">2280 Melville Dr San Marino, CA 91108</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">1,539,000</td>
<td align="right">560.45</td>
<td align="right">22122350</td>
</tr>
<tr height="51">
<td width="125" height="51">2780 Shakespeare Dr San Marino, CA 91108</td>
<td align="right">4</td>
<td align="right">3</td>
<td align="right">1,650,000</td>
<td align="right">536.41</td>
<td align="right">22122382</td>
</tr>
<tr height="51">
<td width="125" height="51">566 Winston Ave San Marino, CA 91108</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">1,695,000</td>
<td align="right">576.33</td>
<td align="right">22122331</td>
</tr>
<tr height="51">
<td width="125" height="51">2890 Wallingford Rd San Marino, CA 91108</td>
<td align="right">4</td>
<td align="right">4</td>
<td align="right">1,960,000</td>
<td align="right">529.73</td>
<td align="right">637662494</td>
</tr>
<tr height="51">
<td width="125" height="51">968 Roxbury Rd San Marino, CA 91108</td>
<td align="right">4</td>
<td align="right">4</td>
<td align="right">2,195,000</td>
<td align="right">631.65</td>
<td align="right">22122143</td>
</tr>
<tr height="51">
<td width="125" height="51">1999 Oak Knoll Ave San Marino, CA 91108</td>
<td align="right">8</td>
<td align="right">8</td>
<td align="right">4,600,000</td>
<td align="right">787.54</td>
<td align="right">22120863</td>
</tr>
</tbody>
</table>
<p>Here&#8217;s how the listing agents describe these homes:</p>
<p><strong>572 S Berkely, San Marino</strong><br />
<a href="http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/572-s-berkeley/" rel="attachment wp-att-413"><img src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/03/572-s-berkeley.jpg" alt="572-s-berkeley" title="572-s-berkeley" width="371" height="223" class="alignleft size-full wp-image-413" /></a>Designed and built by famed Calif. architect Wallace Neff, this Mediterranean-style cottage is located in San Marino with its award winning schools. Completely updated and extensively remodeled in 2004 with all new electrical, copper plumbing &#038; refinished original oak floors throughout, the house preserves Neff&#8217;s well-designed floor plan &#038; architectural detailing while creating today&#8217;s open living spaces. The top-of-the line kitchen features honed granite countertops, stainless steel appliances, &#038; cherry cabinets. The spacious original bath has been remodeled with high quality fixtures, tile and lighting. A walk-in closet and master bathroom addition with marble countertops, flooring and tile was completed in 2007. With 7 full length French doors, 2 bricked patios, &#038; a shaded back yard, the home is ideally suited to indoor/outdoor living &#038; entertaining. It is located on an architecturally significant block within walking distance of the Huntington Library, Cal Tech &#038; Lake Avenue.</p>
<p><strong>1635 Rubio Drive, San Marino</strong></p>
<p><a rel="attachment wp-att-411" href="http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/1635-rubio/"><img class="alignleft size-full wp-image-411" style="margin: 10px;" title="1635-rubio" src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/03/1635-rubio.jpg" alt="1635-rubio" width="390" height="211" /></a></p>
<p>Great curb appeal in this charming, Country English home on a quiet, tree-lined street in desireable San Marino.There are rooms for every family member. 3 Brs and 3 bths down stairs, Master Br. with private bath &amp; balcony upstairs. Elegant LR with high vaulted ceilings, French and cathedral style windows set the tone for graceful living. The den in the front has 5 french style windows, some overlooking the front yard. Kitchen has built ins. Adjecent is the spacious FR with rock stone faced fireplace, opens to the patio &amp; serene B/yard. There are two cozy fireplaces in the lower level. House has a lot of storage, a sky light, a wet bar &amp; built in book shelves. Hardwood floors, central air and heat &amp; central vaccum system are some of the other highlights. The room with bath behind garage is ideal as a guests&#8217; room or maid&#8217;s quarters. Landscaped front yard with brick walkway is inviting.The house is centrally located and is within blocks to SM High School, post office &amp; markets.</p>
<p> </p>
<p><strong>2280 Melville Drive, San Marino</strong></p>
<p>This beautifully appointed one story traditional home with noticeable attention to detail , and was extensively updated and remodeled offering a well laid out floor plan.3 bedroom suites +powder room, formal dining room and family room w/fireplace. Kitchen amenities include granite counters, name brand appliances &amp; generous eating area. Master bath w/spa tub. Wood shutters, crown moldings, recessed lighting &amp; hardwood floors throughout are additional features. Covered patio and terrace have access from main rooms and over look lush rear garden- great for entertaining.</p>
<p><strong>2780 Shakespeare Drive</strong></p>
<p><a href="http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/2780-shakespeare/" rel="attachment wp-att-412"><img src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/03/2780-shakespeare.jpg" alt="2780-shakespeare" title="2780-shakespeare" width="352" height="222" class="alignleft size-full wp-image-412" /></a>This updated 4 bedroom one story traditional home is located north of Huntington Dr on a quiet street. It is in walking distance to San Marino High School. The house was extensively remodeled in 2001 with hardwood floors, crown moldings, custom draperies and recessed lighting. It features a spacious living room with fireplace and formal dining room with chandelier. The kitchen equipped with granite counter tops, beautifully finished walnut cabinets, breakfast nook that opens to large family room w/fireplace. There is a master suite w/walk-in closet, jet spa tub and a separate shower in master bathroom. A den with closet could be the 5th bedroom. All three bathrooms are updated with granite countertops. A detached garage with a gated driveway completes this wonderful family home. Sale is contingent upon seller&#8217;s new purchase and <a href="http://www.pasadenacarealestatehomes.com/pasadena-ca-real-estate-closing-costs" >escrow</a> to close concurently. Seller is presently in escrow with new home.</p>
<p><strong>566 Winston Avenue, San Marino</strong></p>
<p><a href="http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/566-windston-san-marino/" rel="attachment wp-att-414"><img src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/03/566-windston-san-marino.jpg" alt="566-winston-san-marino" title="566-winston-san-marino" width="374" height="228" class="alignleft size-full wp-image-414" /></a>Spectacular Spanish w/all the charm &#038; curb appeal you can imagine. Formal style entry, elegant formal dining rm. The gourmet kitchen flows w/ continuity to the family rm (in the style of a great room) &#038; the exquisite rear grounds complete w/ pool serving as the ultimate back drop for the newly remodeled custom cherry wood. Features include 2 convection + microwave),Dacor stove &#038; griddle. Double sinks, butcher-block breakfast counter, Corian counter tops, a workstation, and appliance elevator. Amtico flooring and more-if the kitchen is a focal point for you&#8230;. you just found your dream home- as it overlooks the massive family rm w/ ample window space &#038;natural lighting &#038; an incredible decor of Spanish patio setting &#038; as for your Soirees- they are sure to be a hit. 3 Remodeled bathrooms, gleaming hardwood floors, lovely mature foliage, this home shows like a model home. Just turn the key &#038; move right in&#8230;you can be proud to call this home your won. Welcome to paradise&#8230;.Welcome Home.</p>
<p><strong>1891 Twin Palms Drive, San Marino</strong><br />
This charming one-story Spanish home is located within walking distance to Valentine Elementary and Huntington Middle Schools. The approach to the home is through double wrought iron gates into an enclosed patio, with arches lining the entrance porch. The entry leads to the spacious living and dining rooms. There is a light filled breakfast room adjacent to the kitchen. The master suite has bayed windows and a full bath. The two additional bedrooms, two baths and laundry room complete the floor plan. In addition, there is a large finished basement with windows, which is currently being used as a bedroom. The garden has recently been professionally landscaped and features a beautiful tile patio.</p>
<p><strong>Read More:  <a href="http://www.pasadenacarealestatehomes.com/san-marino-california-real-estate-corner-of-twin-palms-and-sherwood">Corner of Twin Palms and Sherwood</a></strong></p>
<p><strong>2890 Walingford, San Marino</strong></p>
<p><a href="http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/968-roxbury/" rel="attachment wp-att-415"><img src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/03/968-roxbury.jpg" alt="968-roxbury" title="968-roxbury" width="374" height="223" class="alignleft size-full wp-image-415" /></a>North San Marino Home w/ San Marino School Disatrict; 4Bedrooms 3Baths; Approx. Living Area 3,700 Sq.Ft., Lot Size 12,750 Sq.Ft.; 3 Car Detached Garage ; Hardwood Floor &#038; Marble Fireplace; Formal Dining Room w/Panoramic Windows; Beautiful Kitchen w/Granite Countertops, Center Island w/Sink, SieMantic Euro Cabinets; Bright &#038; Airy Interior; Crown Molding; Recessed Lighting; Built-in Stereo System; Fire-Free Tile Roof; Updated Electrical &#038; Phone Lines; Newer Dual Central A/C &#038; Dual Heating Systems; Copper Piping; Huge Master Bedroom w/ Spa Shower and Whirlpool Bathtub, Walk-In Closets; Reinforced Structure for EarthquakeSafety and Lots More!</p>
<p><strong>968 Roxbury Road, San Marino</strong></p>
<p>Stately Spanish style home in wonderful condition &#038; surrounded by lush professional landscaping. Features include; Formal entry. Formal Living Room w/ coved high ceilings, oversized arched window &#038; fireplace. Formal Dining Room. Expansive Family Room w/ surround sound. Large Kitchen w/ granite counters, Thermador Professional stovetop, Miele double oven &#038; steam oven, 2 Miele dishwashers &#038; sub-zero fridge/freezer. Sun Room/Office w/ French doors to backyard patio. Master Bedroom retreat w/ romantic balcony &#038; master bathroom w/ dual sinks, separate shower &#038; bathtub, and a huge walk-in closet. Three additional upstairs bedrooms, one w/a balcony. Laundry room. Hardwood floors throughout. Recessed lighting in the kitchen, sun room &#038; family room. Character windows &#038; other accents such as Spanish style tiling, fixtures, crown molding &#038; wrought iron railing. Wonderfully landscaped backyard w/ brick patio,built-in BBQ area &#038; dark bottom pool w/attached spa. Basement and 2 car detached garage.</p>
<p><strong>1999 Oak Knoll Avenue, San Marino</strong></p>
<p><a href="http://www.sanmarinocarealestatehomes.com/new-san-marino-homes-on-the-market/1999-oak-knoll-avenue/" rel="attachment wp-att-416"><img src="http://www.sanmarinocarealestatehomes.com/wp-content/uploads/2009/03/1999-oak-knoll-avenue.jpg" alt="1999-oak-knoll-avenue" title="1999-oak-knoll-avenue" width="281" height="166" class="alignleft size-full wp-image-416" /></a>Nestled on 1.7 acres of magnificent park-like grounds framed by majestic trees in a prime west San Marino neighborhood adjacent to the renowned Langham Huntington Hotel, this stately Monterey Colonial estate features tall ceilings, crown moldings, hardwood floors and charming, spacious rooms with French doors to a glorious backyard. Situated more than 180&#8242; from the street, this comfortable home showcases an impressive foyer, grand LR, elegant DR, paneled den, 4 fireplaces, 2BR down &#038; 6BR upstairs. Meandering bricked pathways lead to an inviting pool &#038; spa, sprawling lawn, rose garden, fruit orchard, grassy meadow with fountain, gazebo, wisteria-covered terraces and a charming 945sf pool house with fireplace, wet bar, two bathrooms &#038; kitchenette, perfect for entertaining. Four-car garages, workshop plus two huge storage rooms complete this fabulous gated estate. Convenient to top public schools, shopping, dining, downtown LA &#038; <a href="http://pasadenaviews.com/pasadena-city-guide/" >Pasadena</a>, this wonderful oasis is a special treasure!</p>
<p>Information on the homes above was taken directly from ITEC (Pasadena Multiple Listing Service).</p>
<p>If you are interested in seeing all <a href="http://www.pasadenacarealestatehomes.com/custom/mls" >homes for sale</a> in San Marino, below you will find a direct feed from the MLS (Multiple Listing Service) service that updates real time:</p>
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<p><strong><a href="http://pasadenaviews.com/free-home-search/">See all homes for sale in Pasadena and surrounding cities here</a>.</strong></p>
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