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Marina Del Rey Condominium Market Report for August
I have compiled the Marina Del Rey Condominium  Market report for August.
 The numbers seem very consistent with July’s Active Listings. Currently there are 184 Active Condominiums on the Market, compared to July it is one more.
Properties that are in Escrow and Accepting Backup offers as well as Pending are amazingly similar as well. There are 26 properties where the Buyers have not removed their contingencies and there are 37 that have removed all their contingencies. The numbers are virtually identical.
 I just read somewhere that the Pending Sales Index has only been tracked since 2001. This I found quite interesting, since the Pending numbers are the indication what the following month will look like. As I look at these numbers I can see that the momentum continues for the better and I anticipate a robust sales numbers for the month of September as well.
The most important number outside predicting next month is the Sold numbers. Last month there were 26 Condominiums that changed hands in Marina Del Rey, CA. that is an increase of 8 per cent again. Compared to the national statistics, Marina Del Rey, CA has had an increase month over month in sales now for ... more

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