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How is the Marina Del Rey, CA 90292 Luxury Condominium Market?

Posted on Jan 6, 2013 by in Active Rain | 0 comments

How is the Marina Del Rey, CA Luxury Condominiums Market?

ocean view homes in Marina Del Rey, Endre Barath

It has been refreshing to go out to a function this evening and be asked: how is the Real Estate Market. Have not heard this type of questions in a positive frame in years, hence it was fun to say”… The market is fast. ..Inventory is short, more buyers than sellers hence prices are increasing…”

Then to be asked how is the Luxury Condominium Market now that was even more interesting. I was happy to report that the high end market is moving and confidence is back. The key points to remember are that the property needs to be well priced, and properly staged for the current market. In English that means that well priced and properly marketed Condominiums do sell.

ocean view condominiums in Marina Del Rey Endre Barath

Condominiums that are overpriced or have something intermittently wrong will sit on the market and sellers need to be patient to find the right buyer. Today’s Buyers still want a Deal, in other words a good value. If a Seller & the Listing Agent cannot demonstrate the Value the buyers will move on!

ocean view luxury condominiums Marina Del Rey, Endre Barath

If you are looking for a knowledgeable, internet savvy agent to sell your home please reach out to me!

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.

 

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