Marina Del Rey DATA*
Feb 2013
6 month
3 month
Feb 2014
% change
Median Price ..........................................................
$665,000
$683,000
$685,000
$752,000
13.1%
Average Price per Square Foot ...........................
$466
$553
$517
$466
0.0%
Properties Sold .......................................................
17
29
19
21
23.5%
Properties Pending Sale .......................................
19
25
24
27
42.1%
Properties For Sale ................................................
99
138
148
140
41.4%
Days on Market (Pending Sale) ...........................
75
96
64
56
-25.3%
Month’s Supply of Inventory ................................
5.8
4.8
7.8
6.7
14.5%
Percent Under Contract ........................................
19.2%
18.1%
16.2%
19.3%
0.5%
Average Median Price for Last 12 Months ........
$594,000
$724,926
$714,800
$718,985
21.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot Feb
$665
Mar
$752,000
Apr May
median sales price
Jun
$466
Jul Aug
AVERAgE PRICE PER SQ FT
Sep Oct Nov
6.7 MONTH’S SUPPLY OF INVENTORY
Dec Jan Feb
$752 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : February 2014
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