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Marina Del Rey, CA Condominium Market Report for July 2009

Posted on Aug 6, 2009 by in Active Rain | 0 comments

Marina Del Rey, CA Condominium Market Report for July 2009. I have been covering three different micro market areas on the West Side of Los Angeles and the trends are very similar. Month over month since January the volume of sales have increased.

 This is interesting news for the over well being of the Real Estate Market. I am particularly interested in the Marina Del Rey Condominium Market, since not only do I sell here, but I live here as well.

 Currently as of July 31st 2009 there are 183 Active Condominiums on the Market 

Accepting Back Up Offers are 26 Condominiums

 There are 33 Condominiums where the buyers have removed all contingencies and are solidly pending.

 For the month of July we had 22 Condominiums that Sold.

 If you compare to the month of June you will be pleasantly surprised that the sales almost tripled month over month. I find that quite impressive, in spite of the Fourth of July celebration, when Real Estate activity ceases in Marina Del Rey. There are street closings all over Via Marina, the Peninsula and Pacific Ave to name a few.

 If you would like to see the previous statistics I have enclosed the Midyear Report’s Link for your convenience (  http://activerain.com/blogsview/1141254/midyear-assessment-of-the-condominium-sales-in-marina-del-rey-ca  )

 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 (USA) or email me at EndreBarath@TheMLS.Com  or visit one of my websites at http://www.endrebarath.com  

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