The prices in real estate in Marina Del Rey, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Marina Del Rey has increased strongly during the last 6 months. In February, the average price per sq.feet was $883. In March this price pretty much remained the same at a value of $841 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 176 %. The price per sq.feet has had a considerable deflation of 83 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,189 to $992 during June, and July.
Based upon to the price in Marina Del Rey (cities), this has gone up considerably in the last 6 months. The average price for February is $1,915,518. During March the price had a slight fall till $1,771,574. During the following two months (April, May) the average price had a considerable increase of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,029,866 they are 36 % more affordable than the average price for Marina Del Rey. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,277,268.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $837 / sq.feet, with an average $981 / sq.feet price in Marina Del Rey. The properties with the highest average prices have 1 bedroom. They are 656 % more expensive than the average followed by properties with 4 bedrooms with a price at $944 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $2,029,866 it is 47 % cheaper than the average price in Marina Del Rey. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,810,524 it is 85 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $707 / sq.feet followed by "Land" priced at $718 / sq.feet. "Condo" is the most costly type of property with a $1,034 / sq.feet cost followed by "House" with an average price of $991 / sq.feet.