San Marino Housing Market Report – March 2026
Here's a look at how the San Marino, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 11
- Median Sale Price: $3,200,000
- Average Sale Price: $3,626,364
- Average Price Per Sq Ft: $1,135
- Average Days on Market: 78
- Sale-to-List Price Ratio: 106.5%
Month-Over-Month Trends
Compared to February, the median sale price in San Marino moved 9.7% down (from $3,542,500 to $3,200,000). The number of homes sold was 83.3% up compared to the prior month (6 vs. 11). Average days on market shifted 13.0% up (69 days to 78 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 23.5% up (from $2,590,500 to $3,200,000). Sales volume is 175.0% up year-over-year.
What This Means
San Marino's luxury market is showing some fascinating mixed signals this March. Sales activity has absolutely surged—we're up 175 percent year-over-year and sold 11 homes compared to just 6 last March—suggesting strong appetite among high-net-worth buyers. That said, the month-over-month median price dip of nearly 10 percent and the jump in days on market from 69 to 78 days tells us the market is cooling slightly after what was likely a hot early spring push. This is pretty typical seasonal behavior, but worth noting as we move into the slower spring months.
What's particularly interesting is that homes are still selling above asking price at a 106.5 percent ratio, which indicates genuine demand despite longer marketing times. The gap between median and average prices—$3.2 million versus $3.6 million—suggests some premium estates are pulling up the averages. With 27 active listings sitting on the market for an average of 48 days at a $4.5 million median asking price, sellers are clearly being ambitious. For buyers, this could mean more negotiating room than we've seen in recent years, especially if properties don't move quickly. The spring market is unfolding predictably for San Marino's ultra-luxury segment.
San Marino Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91108 | 11 | $3,200,000 | $1,135 | 78 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 11 | $3,200,000 | $1,135 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 11 |
Current Active Listings
As of this report, there are 27 active listings in San Marino with a median asking price of $4,500,000 and an average of 48 days on market.
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