Real Estate Trends in San Marino, not to "trendy"

With a current inventory of 26 active listings, ranging from $928,000 to just under $7 Million, the supply of inventory is pretty stable. Currently looking back 1 month, there's about a dozen homes, pending sale and another dozen in active in "back up position" and 19 homes have sold since mid June. Overall, according to the trends, the average days on market from active to close is about 45 days or more and close to a $2 Million dollar sales price.

According to the CARETS Trends: Show charts 

and Rapmls brought to us from iTech, where our favorite sites like Redfin get their data, check out the city report or CMA:  View Listings 

http://itech.rapmls.com/scripts/mgrqispi.dll?APPNAME=Itech&PRGNAME=MLSLogin&ARGUMENT=HFDsIaPvYtvwH3EvXf%2Fp1Huy3smZ90H%2FzuoQy5WhTpY%3D&KeyRid=1&Include_Search_Criteria=on&CurrentSID=164159495 

This shows San Marino with a very healthy market of over 25% absorption rate of closing where there's a 3 - 4 month supply of homes. Over the year a season slowing during December and January bounce San Marino back up to a steady market with a balance of inventory.

As for the Foreclosure market, there's nothing eventful here, where no current bank owned properties and a rotating 1/2 a dozen "pre foreclosures" and 2-3 going to auction or trustee sale:

http://www.foreclosureradar.com/california/los-angeles-county/91108-foreclosures/listings 

That's the market trend for now, have fun!!!