As of February 2025, according to Redfin, the Marina del Rey real estate market presents a dynamic landscape for both buyers and sellers. Here's an overview of the current trends:
Median Sale Price: In January 2025, the median sale price for homes in Marina del Rey was $611,000, marking a significant 48% decrease compared to the previous year.
Days on Market: Properties are spending less time on the market, with an average of 142 days before sale, an improvement from 176 days in the prior year.
Sales Volume: A total of six homes were sold in January 2025, a slight increase from five sales in January 2025
Inventory Levels: Currently, there are 135 homes listed for sale, with prices ranging from $499,000 to $10 million
Upcoming Events in Marina del Rey
Engaging with the local community is essential for both residents and visitors. Here are some notable events happening this week:
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Bach by Candlelight Fundraising Concert: Experience an evening of classical music in a serene candlelit setting.
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Art of the Peninsula: A showcase of local artists capturing the essence of the Marina del Rey area.
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Screenland 5K Run: A fun run celebrating the rich cinematic history of the region.
For more details on these events, visit the Marina del Rey events calendar.
Featured Property: Luxurious Canal-Front Spanish Modern Home in Marina del Rey’s Silver Strand
This week, listed by Rodeo Realty- Brentwood we highlight a stunning home nestled in the prestigious Silver Strand of Marina del Rey, this exquisite modern Spanish-style canal-front home is a rare gem. Situated on a coveted corner lot, this 5-bedroom, 6.5-bathroom residence is flooded with natural light, showcasing breathtaking architectural details and refined craftsmanship at every turn.
Convenience & Unparalleled Design
A four-stop elevator adds an extra layer of convenience, making access to all levels seamless. Each floor features en-suite bedrooms, ensuring comfort and privacy for family members or guests.
Situated in one of the best coastal neighborhoods on the Westside of Los Angeles, this design-forward, Spanish-modern masterpiece truly offers the best of luxury living in Marina del Rey. A rare opportunity to own an architectural treasure in an unbeatable location.
📍 For more details here or to schedule a private viewing, contact us today!
Community Spotlight: Burton Chace Park
Nestled in the heart of Marina del Rey, Burton Chace Park spans 10 acres and serves as a hub for community gatherings. The park hosts various events throughout the year, including summer concerts and the annual Holiday Boat Parade. It's an ideal spot for picnics, leisurely walks, and enjoying panoramic marina views. View more here
Real Estate Tip of the Week
Considering the current market dynamics, sellers are encouraged to price their properties competitively to attract serious buyers. Enhancing curb appeal and staging homes effectively can also make a significant difference in reducing days on the market.
