How’s The Market Today? Marina del Rey Edition

Median Price – Single Family Homes

In Marina del Rey today, there are 140 properties for sale from $250,000 to $6,250,000, and 61 properties for rent starting from $1,950.

MLS listings in Marina Del Rey by Price:

Silicon Beach tech hub sparks boom in LA’s Westside

Los Angeles’ blossoming technology start-up industry, known as Silicon Beach, is spawning a real estate boom on the city’s Westside, a mostly affluent area known for housing film executives, star athletes and financial industry heavyweights.

In the past 12 months property in Venice, Marina del Rey and Santa Monica – areas dotted with hundreds of new tech start-ups – has experienced double-digit price growth and a dwindling supply of inventory. Homes are also spending considerably less time on the market and selling well above asking prices, according to estate agents.

Continue reading “Silicon Beach tech hub sparks boom in LA’s Westside”