Marina del Rey November 2015 Real Estate Market Overview

In Marina Del Rey there were 4 single family home sales in November 2015, down from 5 in November 2014 and a 20% decrease from the 5 sales closed last month. The average list price for single family home sales in November 2015 was $1,663,750 compared to $2,216,360 for November 2014, representing a 25% decrease. For the three-month period from September to November 2015, the average list price was 19% higher than the same period of the prior year. Average sales price for November 2015 was $1,579,250, compared to that of September through November 2015, which was $1,820,167.
These results indicate that the sale price is trending down. Comparing November 2015 to October 2015, Marina Del Rey saw a 26% decrease in average sale price, and a 26% decrease compared to same month of the prior year
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