The Playa Del Rey, CA Annual Condominium Market Trends Review ....

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

The Playa Del Rey, CA Annual Condominium Market  Trends Report aka the Review for 2018 is published....

www.endrebarath.com

Playa Del Rey used to be the best kept secret for Los Angeles Condominium buyers. This community is nestled in between Los Angeles International Airport and Marina Del Rey. Hence it is a Beach Community, but was not considered very hip or cool and trendy... needless to say they Prices reflected it compared to Marina Del Rey, Venice and Santa Monica. Then interestingly when all these communities became out priced for the average home buyer, then to boot when all the Internet Start Ups moved to Los Angeles the prices have kept climbing. After Playa Vista, Playa Del Rey became the last frontier. 

So if you are looking to live near the Pacific Ocean without having to pay an extreme premium, then it is time for you to reach out to me and consider Playa Del Rey as your next home.

Well with that said please check out the latest Market Trends:

www.endrebarath.com

Listing Status

Status Count
Active 8
Active-Contract 5
Pending 3
Sold 134
Total 150

Statistical Summary

Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM
Minimum 1 1.00 612 $399,000 $395,000 0
Average 2 2.00 1,124 $685,937 $703,766 28
Median 2 2.00 1,050 $644,000 $652,000 15
Maximum 8 8.00 4,000 $2,995,000 $2,800,000 277
Total Volume       $102,890,599 $94,304,742  

 www.endrebarath.com

DOM and Average % of List Price received on Solds Statistics

Statistic 0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 91 32 8 0 3
Breakdown % 67.91 23.88 5.97 0.00 2.24
Avg SP%LP 102.32 101.37 97.86 0.00 94.13

 Amazingly enough Playa Del Rey has affordable beach living in Los Angeles. I am sure you will agree after you looked at the above statistics!

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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Location:
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Tags:
playa del rey
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playa del rey ca condominium trends
los angeles affordable condominiums
beach living in los angeles

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Rainmaker
3,027,511
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

Endre, Did you say affordable beach living? This should have many more wanting to know all the details of The Playa Del Rey communities!

Jan 12, 2019 03:12 AM #1
Rainmaker
4,656,035
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Endre Barath, Jr. wow... I can't believe there's actually an AFFORDABLE price point for beach front living.... walk onto your own slice of heaven for a price most can afford....

Jan 12, 2019 03:34 AM #2
Rainmaker
482,885
Steven Nickens
Elite Pacific Properties Maui - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Endre, I grew up in this area, wonderful location if you want to live at the beach.

Jan 12, 2019 03:46 AM #3
Rainmaker
4,366,389
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.

Jan 12, 2019 05:18 AM #4
Rainmaker
2,986,174
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. Me and Playa Del Rey! I got it covered because I have your phone number. Enjoy your day!

Jan 12, 2019 05:35 AM #5
Rainmaker
1,029,429
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Endre Barath, Jr. - You are very savvy to outline the benefits of the lesser known community of Playa Del Rey. Knowing CA, this is a wise choice for those interested in getting a foothold into CA beach life. Clients should get all the specifics from someone like you who is in the know. 

Jan 12, 2019 06:23 AM #6
Rainmaker
4,696,063
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 real estate market in Playa Del Rey, CA.

Jan 12, 2019 06:26 AM #7
Rainmaker
1,191,739
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

I like your explanation and telling of the affordability history of this area, Endre Barath, Jr. ... as it provides some insight into what the future values may be as well.  Well done!

Gene

Jan 12, 2019 09:30 AM #8
Rainmaker
5,021,899
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local community reports.

Jan 12, 2019 10:20 AM #9
Ambassador
3,645,031
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre those are very reasonable prices for out there.  Good info as always.

Jan 12, 2019 04:42 PM #10
Ambassador
2,955,975
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Endre, you really do know your market! It's impressive that Playa Del Rey CA is such a great location yet is still affordable. I can see why the list-to-sales price ratios are so high here too.

Jan 12, 2019 08:21 PM #11
Rainmaker
3,006,829
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400  indeed it is hard to find "affordable beach living" all the other communities start at a much higher entry level point, Endre

Jan 12, 2019 08:36 PM #12
Rainmaker
3,006,829
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Barbara Todaro  it is getting rare and this is what I consider the last frontier in the greater Los Angeles area, Endre

Jan 12, 2019 08:37 PM #13
Rainmaker
3,006,829
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Steven Nickens  had no idea that you grew up here, it was quite different then, not as congested as now... have you been back? Do you still have relatives here? Endre

Jan 12, 2019 08:45 PM #14
Rainmaker
3,006,829
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  thank you for your support and comment, Endre

Jan 12, 2019 08:59 PM #15
Rainmaker
3,006,829
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin  thank you and you made me smile, Endre

Jan 12, 2019 09:05 PM #16
Rainmaker
2,716,706
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope 2019 is a great year for  you.

Jan 13, 2019 07:15 AM #17
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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