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

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

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

www.endrebarath.com

Those of you who read my blog posts know, that we used to live in Marina Del Rey for about ten years. Then about five years ago we moved. Hence Marina Del Rey has a special place in my heart. Living near the Pacific Ocean has some truly wonderful benefits. When life’s stress needs to be relieved, take my word for it walking five hundred yards to the Beach is very therapeutic.

www.endrebarath.com

Then to boot, Marina Del Rey has been going through a transition and has a young vibe to it. So, if you love the idea of seeing, hearing or being near the waves then you will love this Market Trends Report.

Now keep in mind Marina Del Rey has become a magnet to Tourists from all over the Globe. Generally, they all go to Santa Monica and then meander down to Venice Beach, next thing you know they are in Marina Del Rey, CA. It is quieter and more laid back. They start asking where they are at? Needless to say, they in turn start wondering that this is a great place to call home or call it a second home.

Those who can not or do not want to buy a home end up either renting one of the 5000+ boat slips or end up living in their boats. The closest it reminds me to is how some people live in their boats in Amsterdam.

Now if you ever have landed in LAX as in Los Angeles International Airport or were flying out  and happened to look as you were landing  or taking off, the coast that you saw a few seconds, minutes before your arrival or your departure was of the Marina Del Rey, CA coast.

As you can see inventory has increased dramatically from last year, never the less if you look at the three year trend it allowed buyers to choose rather than having to jump into a multiple offer situation.

 

Not surprisingly when there are more choices to buy from generally sales increase as well!

 

The average days on market clearly indicate that we are moving from a seller's market to a more balanced market. Now sellers need to price their Condominiums in Marina Del Rey, CA correctly if they want their Condominium to sell rather than just linger on the market!

 

As you can see from the Median Price Per Square foot we are heading to a more balanced market.

 

Check out the Map to get a better idea where Marina Del Rey, CA is located in reference to the rest of the Greater Los Angeles area.

 

If you are looking for a seasoned Realtor who is familiar with Marina Del Rey, please reach out to me directly!

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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Rainmaker
1,010,206
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

From beginning to end this post gave me an insight into Marina del Ray that I have never observed from its physical dimension to the Real Estate perspective. I'll have to put Venice Beach on my destinations too if I ever get the chance to get away.

Apr 14, 2019 02:53 AM #1
Ambassador
3,352,283
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, I do love Marina del Rey and could so see myself living there! The view in your first photo looks just like the view we had from our room when we were there a few years ago. I so want to go back!

Great report, as always, Endre. You're THE real estate agent to call when it comes to buying or selling in Marina del Rey.

Apr 14, 2019 07:38 PM #2
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kevin J. May  there are some great Restaurants in Marina Del Rey, as well as Venice if you know where they are.... give me enough notice and I will be happy to give you the "Tour":)Endre

Apr 14, 2019 09:29 PM #3
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS  yes MDR is a great place to call home if you have the money for a SFR or a Condominium either way is great... Endre

Apr 14, 2019 09:30 PM #4
Rainmaker
1,021,854
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Years ago, the most famous resident was Mark Spitz. Lots of fancy cars and young people love to live there. Did the demographics changed at all?

Apr 15, 2019 06:11 PM #5
Rainmaker
422,028
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Hi Endre, what a great presentation of the Marina Del Rey market. Having lived there, you will be a great resource for Buyers and Sellers. It is nice that the inventory is more at balanced levels and teh Buyers and Sellers do not have to go through the multiple offer ordeal. 

Apr 18, 2019 02:28 PM #6
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Endre Barath, Jr. I will never forget landing in LAX and seeing the beautiful palm trees. They were so nicely manicured I thought they were artificial my friends all laughed at me. Wonderful report as always showing your extensive knowledge of the area. Why would buyers or sellers call any other agent when they can call the BEST 

Apr 28, 2019 01:57 PM #7
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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