San Marino home sellers are doing quite well this spring. Demand for homes in this desirable neighborhood adjacent to Pasadena is very strong and the available supply of homes is limited.
15 homes sold in the month of April – almost all over asking price! Multiple offers and cash buyers are moving the prices up with the average home price being $2,285,693. Price per square foot average is now at $692. Will we break the $700 $/sq.ft. ceiling this summer?
Out of 15 homes, 13 sold over asking – some as significantly as 30% over.
Lowest Priced Home Sale in San Marino for April 2013:
2680 Monterey Rd – listed at $1,225,000 and sold 5.75% over at $1,295,400
This home featured 3 bedrooms and 3 baths with just a bit over 2,500 sq. ft and was on a 6,218 lot. It took only 9 days to sell.
Highest Priced Home Sale in San Marino for April 2013:
1680 Oak Grove Avenue – listed for $3,495,000 and sold 9.37% over at $3,860,000
It featured 4 bedrooms and 4 baths with over 4,100 sq.ft. residing on a 33,397 sq. ft. lot.
Interested in San Marino, California? Learn more by visiting our San Marino City Guide.
If you have any questions or need help with the purchase or sale of your home, give me a call at 626-629-8439.
Irina is a Broker Realtor and the founder and President of Pasadena Views Real Estate Team. She is available to assist you with all of your real estate needs. Email or call her today at (626)629-8439.
