San Marino, CA Real Estate News

By Michael Jacobs, Los Angeles Pasadena 818.516.4393
  Pondering On Judgment    Pondering On Judgment It is not by muscle, speed, or physical dexteritythat great things are achieved, but by reflection, force of character, and judgment.  Marcus Tullius Cicero  I walk.  I meander.  I ponder. I wonder.  As I wander.   I can do all these things at once.  At times I do this and more. Sometimes it is more focused.  Some might say it's mindless.  Multi-tasking perhaps.  Judgment is defined as the ability to make considered decisions or come to sensible conclusions.     I don't suggest it is a cure-all for everyone.  It works for me. A part of me. Not every part.   Maybe it will work for you too.  Maybe not.  Just some thoughts as I wander and wonder.  And just because I ponder.   Photo taken by Michael Jacobs one day a few years back of Lacy Par...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
  When It Is Not  Just A Matter Of Time        It Is Just A Matter Of Time  We have likely heard it in the past.  Time heals all wounds.  Give it some time.  It seems to be that time is given the role of the bad guy in the script of life. You know the character wearing the black hat in an old western movie.   But time is just one factor in the picture.  Or just part of an entire scenario.  It's not just one thing.  I won't say never but rarely is it ever just one thing. Not this or that.  It's part of what we see and hear and touch and more.   So, it is not just a matter of time.  Time isn't an excuse or a reason or anything but an element of measurement.  At least I don't think that a fair premise assumes anything beyond that.  Photo included in this post was taken by Michael Jacobs of...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
School Starts Soon in San Marino, CA Do You Need To Lease or Buy A Home in San Marino School District? It seems as if Summer has just started but the other day I was driving by San Marino High School --- and the campus was already abuzz with some activity. The official start date in the San Marino School District for the 2017-2018 school year is Tuesday, August 15 - a little over three weeks away.  I recently assisted two more tenants with finding homes in the San Marino school district.   With a top performing district in the state of California, San Marino is a popular destination for those looking for exceptional educational opportunities as well as a convenient location. Combine that with the Huntington Library, Art Collections and Botanical Gardens and you can understand the appeal...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino Home Just Leased2305 Longden Drive  -- Represented Tenant  This Spring, I listed one of my clients’ homes in South Pasadena for lease.  There were multiple applicants and it leased quite quickly.  Although missing out on that particular home, one of the many who contacted me regarding 1514 Maple Street is now the new tenant at 2305 Longden Drive in San Marino.    Did you know that leasing in our area is quite competitive?  While I represent landlords who I assisted when they were buyers acquirring a property, I don’t make working with prospective tenants in their search an active part of my real estate practice.   There are numerous reasons. Limited inventory for one.  Often there is difficulty in showing properties.  There can be other issues too. Quite frankly, I find it’s ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
A Look At San Marino CA Homes For Sale and Recent Market Activity This is a real estate market activity report for San Marino, California.   In this report I will share information regarding homes for sale, in escrow and closed transactions from September 1 through November 30, 2016.  This snapshot look will give you an idea of the current market.   In addition I will share sales activity for the same approximate 90 day period in the three previous years. Statistical information in this report has been gathered from our local multiple listing service(mls) and does not include all market activity in the city.   The information is deemed to be reliable but has not been verified and is not guaranteed. San Marino is a city located within the San Gabriel Valley of Los Angeles County.  There ...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
San Marino real estate prices are down slightly since a month ago, with its median home price at $2.8 million. In mid-April, median prices were $2.899 and in March they were even higher, at $3.39 million.Though prices have been falling, they may level off soon. San Marino remains in a seller’s market, even with the downward trend, with home sales exceeding the number of new listings coming on the market. Additionally, market demand is increasing and days-on-market is dropping — positive trends for the market, and especially sellers of San Marino real estate.Find out your San Marino CA real estate value here!A look at the San Marino real estate numbersLast week, the market data for San Marino homes for sale is showing:Median listing price: $2.8 millionAsking price per sq. foot: $903Avera...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
I regularly provide San Marino real estate market updates, along with updates for other areas I serve. And in those updates, there’s a certain amount of terminology that comes up. For example, “it’s a buyer’s market” or “it’s a seller’s market.”While you probably get the gist of what those phrases mean, having a deeper understanding of the San Marino real estate market and how it works can help you immensely during the homebuying or selling process.SAN MARINO REAL ESTATE MARKET CONDITIONLike any market, the San Marino real estate market is governed by the law of supply and demand. When demand is high and supply is low, the real estate market appreciates. When demand is low and supply is high, the market depreciates.HOW INVENTORY AFFECTS VALUEIn the San Marino real estate market recently...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
More San Marino homes for sale are coming into the market, but prices continued to inch upward last week, according to Altos Research real-time real estate statistics.The median price for a home in San Marino CA is $3.45 million.If you’re planning to sell your San Marino home, you should make your move. Market activity has been slowing, and San Marino has a score of just 30.9 on the Market Action Index. Anything below 30, and the market begins to favor buyers over sellers.For an idea of your home value, visit homevaluesca.com.This week, the market data for San Marino homes for sale is showing: Median listing price: $3.45 million Asking price per sq. foot: $968 Average days on the market: 117 Market Action Index: 30.9 (anything above 30 is a seller’s market) The market fluctuates from we...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
What’s Happening With The San Marino CA Real Estate Market?    This is a report for San Marino homes for sale along with those in escrow and closed sales in the September through November time period in 2015.  I will also share a comparison to that same period in 2013 and 2014. This roughly 90 day period can provide a recent snapshot of the San Marino real estate market.  Statistical information in this report has been gathered from our local multiple listing service(mls) and does not include all market activity in the city. San Marino is an independent city located within the Western San Gabriel Valley of Los Angeles.  There are only single family homes in the city - no condos, no townhomes and no apartments.   The population is about 13,269(2012) and one of its many sources of civic p...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
A Snapshot Look at San Marino CA Homes For Sale and Recent Market Activity This is a recap of San Marino homes for sale, in escrow and sold from August 1 through October 31, 2015 with a comparison to market activity in the same period in 2014.  This snapshot look will hopefully provide an insight into those interested in real estate in this unique San Gabriel Valley city.  All statistical information is from our local multiple listing service(mls) and may not include all transactions in the marketplace. San Marino is a separate city(zip code 91108) located in Los Angeles County with a population of approximately 13423 according to the most recent census records.  It consists of single family homes only(no condos, townhomes or apartments) on impressive tree-lined streets  One of those ho...
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By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
How's the Real estate market for San Marino Homes for the week ending 10/26/15?San Marino Real Estate is a Seller’s Market. Here's why: - 4.25 months supply of homes trending (6 months is a balanced market) - 46 homes available (6 new this week!)The 6 month numbers are as follows:Average Sale Price: $2,620,508Median Sale Price: $2,200,000Average Days on Market: 55Average Sale Price to List Price Ratio: 100.28%Of Special Note this week: Summer has come and gone, which is usually the most aggressive market for San Marino homes for sale, and many numbers reflect little shift since earlier in the year. There is much hype about a “collapsing” market or “it’s now a buyers market”, but the numbers are not showing that yet. Little hints of such have been evident since early in the year, but not...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino CA Homes For Sale and Third Quarter 2015 Market Update This is a recap of San Marino homes for sale, in escrow and sold during the third quarter of 2015 with a comparison to the same period in 2014.    All statistical information in this report has been gathered from our local multiple listing service(mls) and does not include all real estate transactions in the city. The city of San Marino is located in the West San Gabriel Valley of Los Angeles County and is comprised of single family homes with no apartments, condos or townhomes within its city limits.   Well-known for its well-manicured appearance and tree-lined streets, the city boasts top performing public schools.  Another treasure in the city is the former home of railroad pioneer and philanthropist Henry Huntington w...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino CA Homes For Sale and Market Update 9.9.15 This is an update of San Marino homes for sale along with those in escrow and sales for the first eight months of 2015 with a comparison to January through August 2014.  Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions.      San Marino is a small city(approximate population of 13,327) within the San Gabriel Valley of Los Angeles County.  The zip code for the city is 91108.  There are only single family homes in the city(no apartments, no condos/ townhomes). The Huntington Library, Art Collections and Botanical Gardens (www.huntington.org)  is perhaps the cultural highlight of the city.  Another source of pride for the city is the highly regarded...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Huntington Grove Estates Townhomes in San Marino School District Huntington Grove Estates is a townhome community located in unincorporated Los Angeles County with a Pasadena mailing address(zip code 91107).   Although the townhomes and the complex have many amenities perhaps the most important is access to enrollment in the highly regarded San Marino school district.   The San Marino Unified School District has a history of excellence. (check: www.smusd.us). Since San Marino schools are so popular and the city of San Marino has only single family homes, Huntington Grove Estates townhomes offer a very attractive alternative to the much higher priced properties found in the city of San Marino. The 35 townhomes at Huntington Grove Estates were built in 1974.  All but one of the homes are ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino CA Homes For Sale and Market Update August 2015 This is a recap of San Marino homes for sale along with those in escrow and closed sales in July 2015 along with the first seven months of year.    Statistical information in this report has been gathered from our local multiple listing service(mls) and does not include all market activity in the city. San Marino is located within the San Gabriel Valley of Los Angeles. There are only single family homes in the city - no condos, no townhomes and no apartments.   The population is about 13,269(2012) and one of its many sources of civic pride is the high performance of its public school district which is comprised to two elementary schools, a middle school and San Marino High School.   For information regarding schools in San Marin...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
I am part of the Baby Boomer era. I love what I do and working with Baby Boomers and beyond has been a passion for years! With a growing populations we have special needs that I have first hand experience in. I would love to be of service and have helped many families near and far with the transitions of a family home and estate. How May Help you today.  I am here to be of Service. T https://www.youtube.com/watch?v=tUhsrojOgOI 
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino CA Homes For Sale and Recent Market Activity June 7, 2015 This is a recap of San Marino homes for sale, in escrow and sold during the month of May as well as for the first five months of 2015 with a comparison to the same periods in 2014.   All statistical information in this report has been gathered from our local multiple listing service(mls) and does not include all real estate transactions in the city. The city of San Marino is located in the West San Gabriel Valley of Los Angeles County and is comprised of single family homes with no apartments, condos or townhomes within its city limits.   Well-known for its well-manicured appearance and tree-lined streets, the city boasts top performing public schools.  Another treasure in the city is the former home of railroad pionee...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino Schools Huntington Grove Estates Townhomes with Garages Huntington Grove Estates is a townhome community located in unincorporated Los Angeles County with a Pasadena mailing address.   Although the townhomes and the complex have many amenities perhaps the most important is access to enrollment in the highly regarded San Marino school district.  The San Marino Unified School District has a history of excellence with two elementary schools, a middle and high school(check www.smusd.us). Since San Marino schools are so popular and the city of San Marino has only single family homes, Huntington Grove Estates townhomes offer a very attractive alternative to the much higher priced properties found in San Marino. The 35 townhomes at Huntington Grove Estates were built in 1974. All bu...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino CA Homes For Sale and Market Update May 6, 2015 This is an update of San Marino homes for sale along with those in escrow and sales for the first four months of 2015 with a comparison to January through April 2014. Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions.      San Marino is a small city(approximate population of 13,327) within the San Gabriel Valley of Los Angeles County.  There are only single family homes in the city(no apartments, no condos/townhomes).   The Huntington Library, Art Collections and Botanical Gardens (www.huntington.org)  is perhaps the cultural highlight of the city.  Another source of pride for the city is the San Marino Unified School District which currentl...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
San Marino CA Homes For Sale and 1st Quarter 2015 Market Update This is a recap of San Marino homes for sale along with those in escrow and closed sales in the first quarter of 2015.   Statistical information in this report has been gathered from our local multiple listing service(mls) and does not include all market activity in the city. San Marino is located within the San Gabriel Valley of Los Angeles.  There are only single family homes in the city - no condos, no townhomes and no apartments.  The population is about 13,269(2012). 2014 saw a repeat of the past eleven years as the San Marino ranked as the the number one unified school district in California under API.  A separate study of school district ranked San Marino as number one in California and number 14 in the United States...
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San Marino, CA Real Estate Professionals