Pasadena CA Real Estate

Featured Neighborhoods

Archive for the 'San Marino' Category

No Comments »

San Marino’s Huntington Middle School present…

San Marino’s Huntington Middle School present…

sound-of-music-huntington-middle-school

The Sound of Music!

THE SOUND OF MUSIC will be performed by Huntington Middle School students on February 26, 27, 28 and March 1 in the Kenneth F. White Auditorium.

Directed by Janet Jackson, this production has a cast and crew of over 60 talented HMS students.

This classic tale of Captain Von Traap and his seven children meeting Governess Maria from the Abbey is a heartwarming family and love story. Set in the conflict of Vienna as Hitler’s Nazi’s are taking over Austria, it is a story of choices, passion and country that is universal.

You’ll recognize the Rodgers and Hammerstein songs! Don’t miss seeing your friends perform.

It is a truly great show that is sure to be another sell out – a treat for children and adults alike!

Tickets are on sale now. Tickets are $15 and seating is assigned on a first come, first served basis.

Three evening performances are on Thursday, February 26, Friday, February 27 and Saturday, February 28 at 7 pm. One matinee performance will be at 2 pm on Sunday, March 1.

Students: There’s a $5 Student Ticket Special on Thursday night only (February 26th)!

Huntington Middle School is at 1700 Huntinton Drive in San Marino next to Crowell Public Library.

Don’t miss this performance!

»crosslinked«

Posted on February 18th, 2009
Posted by: Irina Netchaev

No Comments »

San Marino Real Estate Update for November

San Marino Real Estate Update for November

San Marino real estate analysis for November 2008 is below. Full real estate statistics for September through November 2008 may be found by clicking on the original post at San Marino Real Estate Market Analysis for November 2008.

Even though San Marino has not escaped the touch of foreclosures, overall, real estate market is holding very well. Inventory is relatively unchanged with approximately 30 homes available for sale each month over the last couple of months and homes are selling on average at 1.67% over asking price.

The home on Charleton had multiple offers immediately after going on the market at a premium of $625 per square foot and is now in escrow.

Three out of four homes currently in escrow are over $2 million. Every Thursday broker open house I attend is busy with both real estate agents attending and buyers stopping by.

The lowest priced home in San Marino right now is at 1615 South Los Robles Avenue – a 3 bedroom, 3 bath priced at $989,500.

The highest priced home in San Marino is still the $7.9 million Old Mill Road estate. This luxury property sits on over 82,000 sq. ft. lot and has 8 bedrooms and 7 baths.

There is also one home for sale in unincorporated San Gabriel, but with coveted San Marino school district option. That home is at 7023 La Presa Drive and is listed for sale at $785,000. With 3 bedrooms and 2 baths, it’s a nice starter home for families looking to get their kids into San Marino schools.

All available homes for sale in San Marino California can be found below. Feel free to sign up for a VIP membership which allows you to save your own San Marino home searches. This MLS (Multiple Listing Service) system also emails you automatically as a new home comes up on the real estate market within your specified criteria.

 

If you are interested in foreclosures in San Marino and the surrounding cities, please click on the link below. Thank you for visiting!

Foreclosure list of homes (REOs) in San Marino, Pasadena, South Pasadena and the rest of the San Gabriel Valley.

Posted on December 13th, 2008
Posted by: Irina Netchaev

No Comments »

San Marino Real Estate Market Statistics for October 2008

San Marino Real Estate Market Statistics for October 2008

San Marino California’s real estate inventory remains pretty stable for October. The number of new homes listed for sale remains at 12 with no change from August and the overall number of available homes is still in the low 30s.

On average, it is taking a little over a month to market and sell a home in San Marino and the homes are still selling in the mid $1 million dollar range.

San Marino homes that sold in October sold on average OVER their asking price at 102.43%. The average home sold was 2,868 sq. ft. and had 4 bedrooms and 3 baths.

Read the full article with detailed statistics for San Marino real estate by clicking here – San Marino real estate market housing report and statistics for 2008

 

In the meantime, here’s a live feed of all San Marino homes for sale in California for your review:

 

 

For additional information on San Marino housing and real estate market conditions or a confidential consultation to see how your San Marino home is fairing in the market, please call Irina at 626-627-7107.

 

Posted on November 23rd, 2008
Posted by: Irina Netchaev

No Comments »

San Marino Real Estate Dusty Deals – November 2008

San Marino Real Estate Dusty Deals – November 2008

As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals and information on the latest real estate prices.

If you are looking for a real estate deal, you came to the right place. I will be posting my “Dusty Deals” by area on a monthly basis right here for your review.

What is a “Dusty Deal” list? It is a list of homes for sale in Pasadena including homes, condos and townhomes that have been on the market for over 100 days. Are all of these great deals? Not necessarily. BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.

Why are these homes on the market still? The most likely reason is that they were overpriced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers. Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn’t sell.

My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!

For a complete list of dusty deals for Novemberhomes for sale in Arcadia, Alhambra, Altadena, Burbank, Eagle Rock, Highland Park, La Canada Flintridge, Monrovia and Monterey Hills, please visit – Dusty Deals for November 2008  With the inventory of homes being at a record high, you’ll need to scroll down to find the city that you’re interested in.  It’s a very long post.

If there’s a particular city that you’re interested in getting a list for, please leave a comment and I’ll make sure that I include it in future posts.

So here’s a list of homes for sale in San Marino California that have been on the market for over 100 days:

Address BR BA Price Price/Sq.Ft. MLS # DOM
1915 Sycamore DR San Marino, CA 91108 3 2 1,198,000 531.26 488075423 530
2734 Monterey Rd San Marino, CA 91108 4 3 1,248,800 544.38 22106513 642
2103 Roanoke RD San Marino, CA 91108 4 4 1,438,000 559.75 488073866 360
1635 Rubio Dr San Marino, CA 91108 4 3 1,650,000 613.61 12111337 96
2890 Wallingford RD San Marino, CA 91108 4 4 2,138,000 577.84 408071366 751
1385 Old Mill Rd San Marino, CA 91108 8 7 8,900,000 1,093.10 22109072 140

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

READ MORE:

Dusty Deals list for September 08 – Pasadena, San Marino, Alhambra, Altadena, South Pasadena, Arcadia, Monrovia, Sierra Madre, Monrovia

Dusty Deals List for August 08 – Pasadena, Alhambra, South Pasadena, Monterey Hills, Altadena, Sierra Madre, Arcadia, Monrovia and San Marino

As you’re going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.

Are you looking to buy a home in San Marino California? We are happy to give you all the information that might help you with your home purchase.  Please call us at   626-204-3340   or email Irina at Irina@Irina4RealEstate.com.

Posted on November 12th, 2008
Posted by: Irina Netchaev

No Comments »

San Marino Luxury Estates – September Million Dollar Sales

San Marino Luxury Estates – September Million Dollar Sales

September was a slow home sales month for San Marino.  There were only eight homes that were sold.  These luxury San Marino estates ranged from $805,000 to $2,580,000.  Three of the homes were under $1.5 million and five were over.

 

San Marino Luxury Homes September 08

 

1.  2370 Sherwood Road, San Marino – Listed at $1,549,000 and sold for $1,600,000 – SOLD OVER ASKING It was on the San Marino real estate market for only 18 days – this home was priced correctly and showed beautifully.

2.  2822 Gainsborough Drive – Listed at $1,920,000 and sold for $1,829,053.

3.  2855 Devonport Road – Listed at $1,880,000 and sold for $1,860,000.

4.  2890 Monterey Road – Listed at $1,850,000 and sold for $1,990,000.  SOLD OVER ASKING

5.  20 Mill Canyon Road – Listed at $2,888,888 and sold for $2,580,000

 

Information gathered from ITEC (Pasadena Foothill Association of Realtors)

If you are ready to start your San Marino luxury home search or thinking of relocating to San Marino and would like more information, please visit our San Marino website here.

READ MORE:  San Marino Schools are #1 in California again!

Posted on October 16th, 2008
Posted in San Marino
Posted by: Irina Netchaev

2 Comments »

San Marino Luxury Estates: New San Marino homes on the market this week

San Marino Luxury Estates: New San Marino homes on the market this week

Every Thursday, real estate agents get together to preview new San Marino homes that are listed for sale.  This week, there were five San Marino homes available for preview.

You can find information about this week’s San Marino homes for sale by clicking here.

Posted on October 16th, 2008
Posted by: Irina Netchaev

No Comments »

San Marino California Real Estate Market Housing Report – September 2008

San Marino California Real Estate Market Housing Report – September 2008

Even though, the inventory of homes in San Marino is fairly stable and is not increasing the number of San Marino homes sold is almost 50% less in September compared to August.  October will not look much better since only six San Marino homes are in escrow right now, but new home listings are holding steady at about 11 to 13 homes a month – double the buyers’ demand.  This can potentially lead to an overabundance of homes on the market and reduction of prices especially going into the slowest season of the real estate cycle – winter.

San Marino listings are also being priced higher than the average selling price over the last several months.  The average price per sq. ft. for active San Marino homes in the MLS is $653.  The sold price per sq. ft. is listed below – September closed at $625.  It’s also interesting to note that the 6 San Marino homes currently under contract average out at $598 a sq. ft.

Of the eight San Marino home sales last month, three of these homes sold over asking price, with the highest priced sale for the month at $2,580,000 for 20 Mill Canyon Road.  This home was originally listed for sale at $2,888,888.

The lowest priced San Marino home on the market is $875,000 at 1913 S Los Robles.

The highest prices San Marino home on the market is $8,900,000 at 1385 Old Mill Road.

Read More:  San Marino Real Estate Market Report for August 2008

San Marino Real Estate Statistics for June 2008 to September 2008:

Single Family Residence Jun-08 Jul-08 Aug-08 Sep-08
New Listings 13 14 12 11
Total Listings 41 41 31 32
Sales Pending 8 13 8 6
Homes Sold  15 12 15 8
Listings Expired 4 4 11 7
Average Days on the Market  77 60 51 48
Average Price Per Sq. Ft. $552 $601 $589 $625
Average Selling Price $1,638,045 $1,461,150 $1,416,600 $1,584,600
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 11.8 14.8 9.0 17.3

To give you a better understanding of what is happening in the San Marino real estate market, the graph below shows how the homes are selling in each quartile.  A quartile is 25% of the total San Marino homes listed.  The quartiles have been broken out as follows:

Quartile #1 – 25% of most expensive San Marino homes

Quartile #2 – 25% of upper middle priced San Marino homes 

Quartile #3 – 25% of lower middle priced San Marino homes

Quartile #4 – 25% of least expensive San Marino homes

San Marino Median Price per Quartile

In reviewing the above graph, we can see that home prices in most of San Marino quartiles have been trending higher in recent weeks except for the high-end of the real estate market, which has been essentially flat.

Data of San Marino homes for sale and San Marino solds was taken directly from ITEC (Pasadena Foothill MLS)

SUBSCRIBE TO WEEKLY SAN MARINO REAL ESTATE MARKET REPORT BY THE PREMIER REAL ESTATE REPORTING ANALYSIS FIRM, ALTOS RESEARCH

FIND SAN MARINO HOMES FOR SALE

Posted by Irina Netchaev, San Marino Luxury Home Real Estate Specialist

Posted on October 3rd, 2008
Posted by: Irina Netchaev

No Comments »

Gorgeous Rainbow over San Marino

Gorgeous Rainbow over San Marino

I woke up to a beautiful rainbow right over my home in San Marino.  What a way to start a Monday… Enjoy!

rainbow

Posted on September 29th, 2008
Posted by: Irina Netchaev

No Comments »

San Marino Real Estate Market Housing Report – August 2008

San Marino Real Estate Market Housing Report – August 2008

San Marino real estate housing status has remained pretty stable in August 2008.  We did see an increased number of homes listed by real estate agents that have expired – meaning the sellers decided to take these homes off the real estate market.  Both June and July of this year had an average of 4 San Marino homes expire, but in August we saw 11 homes that were taken off the market.

The number of San Marino homes that were newly listed is about the same as in previous months.  The number of San Marino home sales for August is also running pretty close as the rest of the summer months.  The chart below gives the specific for the last three months.

Least expensive San Marino home in August was $899,999.

Most expensive San Marino home listing in August was selling for $8,900,000.

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the San Marino real estate market.

 

Single Family Residence Jun-08 Jul-08 Aug-08
New Listings 13 14 12
Total Listings 41 41 31
Sales Pending 8 13 8
Homes Sold  15 12 15
Listings Expired 4 4 11
Average Days on the Market  77 60 51
Average Price Per Sq. Ft. $552 $601 $589
Average Selling Price $1,638,045 $1,461,150 $1,416,600
Absorption Rate (# of weeks to sell current inventory at present rate of sales) 17.8 11.8 11.2

Read More:  Buyers’ Market or Sellers’ Market – understanding the Market Action Index

San Marino Real Estate Market Action Index

Data of San Marino homes for sale and San Marino solds was taken directly from ITEC (Pasadena Foothill MLS)

READ MORE:  San Marino Real Estate Market Report for September 2008

SUBSCRIBE TO WEEKLY SAN MARINO REAL ESTATE MARKET REPORT BY THE PREMIER REAL ESTATE REPORTING ANALYSIS FIRM, ALTOS RESEARCH

FIND SAN MARINO HOMES FOR SALE

Posted by Irina Netchaev, San Marino Luxury Home Real Estate Specialist

Posted on September 21st, 2008
Posted by: Irina Netchaev

1 Comment »

San Marino Unified School District Named #1 in the State

San Marino Unified School District Named #1 in the State

 

Department of education california

 

For the straight five years, San Marino California has the distinction of being in the top 5 rated California school districts.  The scores are out and San Marino (SMUSD) has earned the highest Academic Performance Index (API) score in the state – 944 out of 1,000!

The API is a single number, ranging from a low of 200 to a high of 1000, that reflects a school’s performance level, based on the results of statewide testing.

3 of the 5 highest performing California School districts are in the Pasadena area – San Marino, La Canada and Arcadia. 

 

 

Here are the top California School Districts:

School District Academic Performance Index (API)
San Marino Unified School District  (Los Angeles County)    944
Piedmont Unified School District (Alameda County)  919
La Canada Unified School District (Los Angeles County)  917
Manhattan Beach Unified School District (Los Angeles County)  909
 San Ramon Unified School District (Contra Costa County), Arcadia Unified School District (Los Angeles County), and Palos Verdes Unified School District (Los Angeles County)  904

 

Congratulations are in order to the students, teachers, administration and parents! 

San Marino real estate and home values have always been driven by the success of its schools.  Many potential San Marino home buyers are looking  to buy in San Marino after doing an analysis of private school tuitions and investment in a San Marino homes.

With San Marino home prices holding steady, it’s clear to see that schools are still the driving factor for many relocating families.  

If you are interested in moving to San Marino, click here to see all available homes for sale in San Marino.

Read More:  San Marino, California

                San Marino Real Estate Deals – my monthly Dusty Deals report!


Here are the actual API scores as posted on September 4, 2008:

 

District                            ’08   ’07    Growth
SAN MARINO UNIFIED 944 938 D 6        
 
Elementary Schools
  Carver Elementary 963 966 A -3        
 
  Valentine Elementary 947 941 A 6        
 
Middle Schools
  Huntington Middle 961 956 A 5        
 
High Schools
  San Marino High 921 911 A 10        
 
 

 

For a complete list of School Districts in Los Angeles County and their API scores, click here.

Posted on September 4th, 2008
Posted in San Marino
Posted by: Irina Netchaev

  • Page 1 of 2
  • 1
  • 2
  • >

Like what you have been reading here? Subscribe now and receive email updates of our articles.


Newsletter

Categories

Freddie Mac

twitter-pasadenaviews-128

This site is proudly
sponsored by:
Irina Netchaev
Pasadena Views
2100 Huntington Dr #2

San Marino, CA 91108
CA DRE License #00872112
Cell: 626-627-7107
Direct: 626-629-8439
Fax: 800-584-4632
irina@irina4realestate.com

Syndicate this blog


Equal Housing Logo

Copyright © 2007-2013 - Pasadena CA Real Estate | All Rights Reserved.

California Real Estate by Best Pasadena Real Estate Agents