Market Report

Marina Del Rey, CA 90292

Single-Family Homes

Chartwell Escrow | 310.740.1708



Marina Del Rey, CA 90292

Tue Oct 20 2020
This week the median list price for Marina Del Rey, CA 90292 is $2,499,000 with the market action index hovering around 35. This is less than last month's market action index of 39. Inventory has held steady at or around 23. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Marina Del Rey, CA 90292

Tue Oct 20 2020
This week the median list price for Marina Del Rey, CA 90292 is $2,499,000 with the market action index hovering around 35. This is less than last month's market action index of 39. Inventory has held steady at or around 23. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Marina Del Rey market.
Median List Price $2,499,000
Per Square Foot $841
Days on Market 146
Price Decreased 43%
Price Increased 0%
Relisted 9%
Inventory 23
Median Rent $6,950
Most Expensive $10,250,000
Least Expensive $1,289,000
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
$4,488,000 4,043 0 - 4,500 sqft 4 6 43 0 0 436
$2,995,000 3,575 0 - 4,500 sqft 3 4 35 0 0 95
$2,379,500 3,066 0 - 4,500 sqft 3 3 32 0 1 66
$1,509,000 1,677 0 - 4,500 sqft 2 2 44 1 0 32