Gloria Benveniste Wertlieb Market Intelligence Report Westside

Page 11

Marina Del Rey December Stats Key Facts:

$958,000

Median Sold Price

$1,350,000

Average Sold Price

51

Listings Pending

% Change

Median Price

$876

$958

9%

Average Price Per Sq. Foot

$710

$746

5%

Properties for Sale

69

51 -26%

Properties Pending Sales

26

25 -4%

Properties Sold

31

38 23%

Days on Market (Sold Homes)

55

63 15%

Monthly Supply of Inventory

2.2

1.3 -41%

Absorption Rate (closed sales) 44.9 74.5 66%

Listings for Sale

25

Dec. Dec. 2016 2017

Average & Median Price $1,600

$3,500 $1,400

$1,350

$3,000 $1,200

38

Listings Sold

$2,593

$2,500 $958

$1,000

$2,000 $800

63

Days On Market

$1,655

$1,500 $600

$1,000

$400

$500

$200

$-

$Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 2016 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017

Median

Average


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