Market Report

Marina Del Rey, CA 90292

Single-Family Homes

Chartwell Escrow



Marina Del Rey, CA 90292

Wed Feb 21 2024
This week the median list price for Marina Del Rey, CA 90292 is $3,850,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has decreased to 9. Click here to stay informed with the Marina Del Rey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Marina Del Rey, CA 90292

Wed Feb 21 2024
This week the median list price for Marina Del Rey, CA 90292 is $3,850,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has decreased to 9. Click here to stay informed with the Marina Del Rey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Marina Del Rey market.
Median List Price $3,850,000
Median Price of New Listings $6,995,000
Per Square Foot $949
Average Days on Market 190
Median Days on Market 98
Price Decreased 33%
Price Increased 0%
Relisted 22%
Inventory 9
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$8,247,500 4,877 0 - 4,500 sqft 4 5.5 54 1 0 283
$5,497,500 4,995 0 - 4,500 sqft 4 6.3 24 0 0 98
$3,824,999 4,401 0 - 4,500 sqft 4 4.5 19 0 0 171
$2,995,000 3,800 4,500 - 6,500 sqft 4 3.5 39 0 0 238