Marina Del Rey Condominium Market Report for March 2009
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Marina Del Rey Condominium Market Report for March 2009 I am very excited to report to the readers, the Month of March had a lot of positive activity. This trend is confirmed in the surrounding areas as well. The inventory has increased to 191 Active Listings in Marina Del Rey. The good news is there were 11 properties that were accepting Back up Offers, since the contingencies have not been removed yet. At the same time there were 19 Pending, contingencies removed waiting to close. (See last months report http://activerain.com/blogsview/964148/Marina-Del-Rey-Condominium-Market-Report-for-February-2009) The best news of all, there were 16 closed transactions for the month of March. As you might remember there were only seven closings last month. This is a huge spike in the activit...
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