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 firstname.lastname@example.org 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.