The Marina Del Rey, CA Condominium Market Trends Report...

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5dCr

The Marina Del Rey, CA Condominium Market Trends Report is published.

 

 

As you can see inventory has increased and this of course has all the buyers excited. Ironically many people were complaining that inventory was scares now they are worried that this is an indication of the market changing.

www.endrebarath.com

Now if you had views like this do you need to worry? My answer is no, just enjoy living here... now let's look at how the sales numbers turned out. BTW I took this picture from Killer Cafe' today a fantastic laid back Marina Del Rey Restaurant that is open would you believe it 24/7?

Fewer Sales, have take place compared to month over month if you look at the previous two years. Seeing these numbers I suspect the Days on Market has increased as well.

Realistically this is not surprising, but do not let the media scare you if they quote a 58.8% increase the reality is when sales are under 30 days that is still a very fast Real Estate Market. Do not have short term memory, just because before there were 12 -15 offers on the Condominiums in Marina Del Rey, CA I would suspect the end result is the same if there are only 3-4 offers on the same property. Clearly it is still a sellers market.

One of the main reasons properties are staying on the market a little longer is because buyers need to come to terms with the fact that prices are still continuously increasing. That is a bitter pill to swallow at times.

Never the less when you see the views from virtually every Condominium in Marina Del Rey, CA you understand the reason for such a high demand as well as high price points.

Now, if you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, 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 https://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

 

 

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California Los Angeles County Marina del Rey
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Tags:
endre barath
marina del rey ca market report
marina del rey ocean view condominiums
ocean view condominiums in marina del rey
marina del reay real estate
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Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Aug 03, 2018 02:48 AM #1
Rainmaker
3,296,404
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. With you representing a buyer or seller, no cause for concern or worry! The job will get done! Enjoy your day!

Aug 03, 2018 05:38 AM #2
Rainmaker
3,188,228
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Oh my Endre, those views at The Marina Del Rey, CA Condominium Market are incredible. Nothing to worry about there!

Aug 03, 2018 08:01 AM #3
Rainmaker
3,357,178
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Endre- - -sometimes stepping back is a good thing so was can gain a better picture and perspective of what is truly happening.  

Aug 03, 2018 09:35 AM #4
Ambassador
3,983,135
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Well I now know I cannot even afford a condo in your area. I guess I'll have to stay put, Endre.

Aug 03, 2018 06:53 PM #5
Rainmaker
2,704,800
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Great information, as always Endre Barath, Jr. .  Of course, you can't please all of the people all of the time

Have a wonderful weekend!

Aug 03, 2018 07:38 PM #6
Ambassador
3,338,720
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I have some shots I need to dig up for you from Marina Del Ray - that is one GORGEOUS spot and how lucky for you that you live and work in such a beautiful place, Endre! Great report from the Marina Del Ray agent-in-the-KNOW!

Have a wonderful weekend!

Aug 03, 2018 10:53 PM #7
Rainmaker
3,207,423
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  thank you for your kind words, Endre

Aug 03, 2018 11:28 PM #8
Rainmaker
3,207,423
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin  always nice to see you drop in Endre

Aug 03, 2018 11:28 PM #9
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Endre.  Thanks for keeping us informed about the condo market in Marina Del Rey, CA.

Aug 04, 2018 05:41 AM #10
Rainmaker
3,125,560
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Endre... that's quite the increase in sale price year over year... no wonder buyers are taking a little bit of time to "adjust" to the new reality.

Aug 05, 2018 07:46 AM #11
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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