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In Marina Del Rey,CA 90292 the Under Contract Properties are up by 20%

Posted on Feb 16, 2015 by in Marina Del Rey Market Report | 0 comments

Median Under Contract Properties in MDR Jan 2015

In Marina Del Rey, CA 90292 The Under Contract Properties, i.e.: the Condominiums are up by 20% year over year. In other word January 2014 vs. January 2015 there are 20% more properties in Pending status. This is a clear indication that in spite of the Price Increases the buyers see a value in purchasing Condominiums in Marina Del Rey,CA. 90292. Under Contract Property statistics are indication of how the next couple months will look like. To me it shows that even though it is still technically the winter,  selling season is behaving as if it was the Spring Sales Market already. Not only is this a sign of improved consumer confidence, but it is a direct result of the artificially reduced interest rates. The buyers are savvy and recognize the value of their buying power due to the low interest rates

 

 

 

 

 

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 or homes@endrebarath.com  or visit one of my websites  at  http://www.endrebarath.com.  I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue organizations!

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