Marina del Rey Real Estate Market Trends September to November 2015
By Steven Teoh, Los Angeles South Bay, Palos Verdes
(West Shores Realty)
Marina del Rey November 2015 Real Estate Market Overview In Marina Del Rey there were 4 single family home sales in November 2015, down from 5 in November 2014 and a 20% decrease from the 5 sales closed last month. The average list price for single family home sales in November 2015 was $1,663,750 compared to $2,216,360 for November 2014, representing a 25% decrease. For the three-month period from September to November 2015, the average list price was 19% higher than the same period of the prior year. Average sales price for November 2015 was $1,579,250, compared to that of September through November 2015, which was $1,820,167.These results indicate that the sale price is trending down. Comparing November 2015 to October 2015, Marina Del Rey saw a 26% decrease in average sale price, an...
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