Marina del Rey Real Estate 2013 First Quarter Sales Rise!

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Marina del Rey Real Estate reports on the key market data indicators for Marina del Rey houses for sale closed in first quarter of 2012 versus the first quarter of 2013. Marina del Rey Real Estate pulled all data from the MLS. The number of Marina del Rey houses for sale which have closed in the first quarter of 2012 versus the number of Marina del Rey houses for sale that have closed in the first quarter of 2013 is a dramatic testament to the Marina del Rey real estate market recovering. 
 
Here are the relevant statistics: Number of Marina del Rey houses for sale closed in first quarter of 2012: 49. Number of Marina del Rey houses for sale closed in first quarter of 2013: 67. This represents an increase of 37% in the total number of houses for sale that closed in the first quarter of 2013 over the first quarter of 2012.
 
Average Days on the Market (DOM) for a Marina del Rey house for sale to close in the first quarter of 2012: 110 Days. Average Days on the Market (DOM) for a Marina del Rey house for sale to close in the first quarter of 2013: 63 Days. This represents a 43% decrease in the number of days it took for Marina del Rey houses for sale to close in the first quarter of 2013 than it took for Marina del Rey houses for sale to close in the first quarter of 2012. 
 
Average Price point achieved for Marina del Rey houses for sale in first quarter of 2012: $509,000. Average Price point achieved for Marina del Rey houses for sale in first quarter of 2013: $605,000. This represents an increase of 19% in the average price point achieved from all Marina del Rey houses for sale from the first quarter of 2012 versus the first quarter of 2013 for Marina del Rey houses closed. 
 
All of the above market data researched by Marina del Rey Real Estate show a significant recovery from the very sluggish 2012 Marina del Rey real estate market and are good signs of a healthier market for Marina del Rey houses for sale achieving significantly more transactions, at a quicker turnover rate and at significantly higher price points in the first quarter of 2013 versus the first quarter of 2012. For questions about buying or selling a Marina del Rey house, please contact the agent of Marina del Rey Real Estate, Luke Woodward at (310)779-4939.
posted: April 24, 2013 - Marina del Rey Real Estate - Blog
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