The Marina Del Rey, CA Real Estate Market Trends are just amazing...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/54Wp

 

The Marina Del Rey, CA Real Estate Market Trends are just amazing.... just look at these statistics:

 

How would you like to represent buyers of Marina Del Rey, CA condominiums? Clearly the answer you are in for a long and hard search....

The good news is that the inventory is starting to increast:

Needless to say that is still not enough inventory to have to satisfy all the buyers. Hence Sellers are smiling:)

If you had any doubts about the market i.e.: is it a seller's or buyer's market, well please check out these statistics and you will get your answer instantly:

 

As the average sales price increases and the days on market decrease that is clearly a Sellers Market. Do not let anyone else tell you otherwise.

I remember when it was a ballanced market there were about 200 condominiums on the market in Marina Del Rey, CA. Now look at what the inventory consists of:

​​

Hence it is a seller's market!!!

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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Location:
California Los Angeles County Marina del Rey
Groups:
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Market Reports
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Rainmaker
3,270,319
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Thinventory requires any buyer to work with a  Buyer's agent dedicated to getting the very important job of finding and owning the right home for the buyer.

Jun 03, 2017 01:29 AM #1
Rainmaker
4,797,528
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Those really are some amazing stats for the Marina Del Rey real estate market, Endre.

Jun 03, 2017 04:41 AM #2
Ambassador
3,360,165
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Okay, so your prices HAVE to stop going up so much - you're pricing me right out of my Marina Del Ray condominium retirement plan, Endre!!  Oh, how I love that area - it's simply gorgeous and the proximity to LA is the just perfect location to be in a quieter area but, still have the ability to easily enjoy what the neighboring 'big city' has to offer. Great report, Endre!

Jun 03, 2017 04:57 AM #3
Rainmaker
1,550,080
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

No question, Endre Barath, Jr. ; Numbers do not lie! You clearly are enjoying a very strong Sellers' Market. Great report!

Jun 03, 2017 04:59 AM #4
Rainmaker
3,365,699
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Endre --- I also remember in certain cities, neighborhoods and condo complexes when "for sale" inventory existed...ahh...yes, the memories.  One of the things about being in this business for a period of time...it's interesting to see the shifts that occur over time.  Some subtle...some not so much.   

I digress...again...this is a good overview of the current Marina del Rey real estate market.   Your knowledge of the area will prove quite beneficial for those interested in making a move.  

Jun 03, 2017 07:32 AM #5
Ambassador
2,792,436
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Endre - Another smokin' hot market, best navigated with the help of an expert agent. I can't imagine anyone better than you for that job.

Jun 03, 2017 03:07 PM #6
Ambassador
3,825,258
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre you are blessed to be in a hot market, especially with the inventory increasing a bit again.

Jun 03, 2017 04:23 PM #7
Rainmaker
3,209,940
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally K. & David L. Hanson   you are so right, I am usually exhausted when I put one of the lower price point buyers into a home....but the thank yous I get are worth every minute...Endre

Jun 03, 2017 04:26 PM #8
Rainmaker
3,248,102
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Endre

The real estate market trends for Marina Del Ray Califorina continue to move in a positive direction.

Good luck and success

Lou Ludwig

Jun 03, 2017 07:55 PM #9
Rainmaker
3,209,940
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe Sanders  indeed you are right.Endre

Jun 03, 2017 09:13 PM #10
Rainmaker
3,209,940
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  indeed it priced out many including me and Diane, to buy a home vs a townhome we chose Westchester, CA instead...

Jun 03, 2017 09:14 PM #11
Rainmaker
3,209,940
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sandy Padula and Norm Padula, JD, GRI NMLS#1483386  if you are the listing agent and the seller it is a good place to be....Endre

Jun 03, 2017 09:15 PM #12
Rainmaker
3,209,940
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  yes having 200+ listings to choose from was a lot easier on buyers as well as buyer's agents...Endre

Jun 03, 2017 09:17 PM #13
Rainmaker
3,209,940
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Dick Greenberg  your kind words are truly appreciated, Endre

Jun 03, 2017 09:17 PM #14
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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