Special offer

The Average Days on Market in Marina Del Rey, CA 90292 is down by...

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

The Average Days on Market in Marina Del Rey CA is down by 44%

Posted on Feb 16, 2015 by in Marina Del Rey Market Report |

The Average Days on Market in MDRJanuary

The Average Days on Market in Marina Del Rey, CA is down by 44%. That is clearly an indication of the fast paced activity of the Marina Del Rey Condominium Market. Coupled with Price increases of 5% month over month in January, then the fact that the Under Contract Activity has increased by 20%. Now add the fact that the days have decreased from 94 days on the market in January 2014 to 53 Days on the Market in January 2015 is virtually hard to fathom.

Clearly the Buyers of Condominiums in Marina Del Rey are not hesitating but jumping in with confidence and knowledge of what is to come in the next few months.

 

 

 

 

 

 The buyers are savvy and recognize the value of their buying power due to the low interest rates           If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com  or visit one of my websites  at  http://www.endrebarath.com.  I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue organizations!

Comments (3)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Endre Barath, Jr.  The condo market seems to be on the rise in Marina Del Rey and you are the agent in the Know and the agent buyers /sellers should call when ready to make a move

Feb 17, 2015 08:13 AM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Wow!  That is an amazing number, Endre.  I hope t hat you are getting your fair share!

Feb 19, 2015 05:58 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Endre,

I would say a 44 % drop in days on the market certainly indicates a very quick paced and vibrant market. If you snooze you lose!

Feb 20, 2015 05:21 AM