Marina Del Rey Condominium Market Report

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/4ZSz

This post was inspired by a call I received from one of my friends, she said did you see the news Marina Del Rey Condominium market has been tanking from a price perspective. My first reaction was anger about the news.... then annoyance of the media putting out information that seemed contrary to what I have been experiencing.

Now with that said it was time to do some  quick research. Well here are the results you tell me how the market is in Marina Del Rey, CA!!!

 

OK the Median Sales price is increasing at a modest rate year over year. THIS does not seem so bad?

Clearly the number of sales have inceased year over year. Again I fail to see where there is a problem

OK inventory is not the best but compared to last year it is pretty good if you asked me. So why the Doom & Gloom? Is the Media trying to create something out of nothing? These are the numbers taked from the Multiple Listing Service, where are they getting the information? Anyway if you looking for a seasoned Realtor who is familiar with the local market, please reach out to me directly!

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 (m) 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 commission to local animal rescue organizations.

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County Marina del Rey
Groups:
Everything California
Condo Specialists
Market Reports
Condo Benefits
ActiveRain MasterMinds
Tags:
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endre barath
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Rainmaker
591,787
Peter Mohylsky
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

I agree with your comments about the market.  It matches my experience here in Destin Florida, modest growth across the board and low inventory.

Feb 27, 2017 02:53 AM #1
Rainmaker
3,361,467
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Endre - once again, you set the record straight.  Numbers and  statistics need analysis for interpretation.  You show why having local real estate representation matters.  A lot.  

Feb 27, 2017 07:03 AM #2
Rainmaker
1,501,999
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Unfortunately, most buyers believe what they hear and see on the news, it's absolutely necessary to work with a knowledgeable, caring and trustworthy REALTOR® when buying and selling homes in Beverly Hills, buyers and sellers would be wise to call Endre Barath, Jr. 

Feb 27, 2017 02:08 PM #3
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Peter we are on the same page, Endre

Feb 28, 2017 11:49 PM #4
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  you are so right I would never dare try to represent anyone in your part of the world because I would not know the inventory nor the trends... it saddens me when I see agents go out of their expertise to represent clients...Endre

Feb 28, 2017 11:51 PM #5
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Beth Atalay  thank you as always you are so spot on, Endre

Feb 28, 2017 11:51 PM #6
Rainmaker
1,943,477
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Endre - I think anyone who wants to buy in your area will be encourged by your knowledge. I think buyers and sellers will want to contact you for the best market analysis.

Mar 01, 2017 08:06 AM #7
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Grant Schneider  your kind words are appreciated and noted, Endre

Mar 01, 2017 08:43 AM #8
Rainmaker
3,248,015
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Endre

The Marina Del Rey California Condo market has gotten off to a great start in 2017.

Good luck and success.

Lou Ludwig

Mar 01, 2017 06:23 PM #9
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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