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Marina Del Rey, CA. Condominium Market Report for the Month of April, 2010

Posted on Jun 1, 2010 by in Active Rain | 0 comments

Marina Del Rey, CA Condominium Market Report for April 2010. As you have gathered I have been extremely busy with buyers and sellers during the past month, hence a bit delayed still interesting, In light of the fact that the media outlets are still talking about March’s statistics.

There were 134 Active listing during the month of April. The least expensive Condominium  for sale was for a one bedroom one bath 870 sq ft of living space for a mere $318,000. Hard to believe we are seeing Condominiums South of $400,000. Then on the other direction the most expensive on the market is a Penthouse Unit three bedroom three bath 2150 sq ft of living space for $2,995,000.

There were 11 Condominiums accepting Back Up offers and 14 were pending, waiting to close Escrow.

Just as I mentioned in my previous report I was anticipating a great deal of sales, for the month of April.  Compared to March it is amazing. We went from 10 sales to 31 sales. I attributed this robust activity to the Tax credits. A few people disagreed with me about this phenomenon, never the less the facts speak louder.

I will try to do the month of May’s statistics sooner so you can compare the two months.

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 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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