Real Estate Market Update for Playa Del Rey, CA

Video: Real Estate Community Tour for Playa Del Rey, CA

See Real estate community tour for Playa Del Rey, CA
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 57% from one year earlier, and down 62% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 1.45-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 410-thousand dollars. The number of units sold decreased 67% year-over-year, and decreased 50% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Playa Del Rey, CA
School Data for Playa Del Rey, CA

School Name Distance Type Grades School Rating Parent Rating
Del Rey Parochial Academy 1.3 mi Private K-12 0 0
Coeur D'alene Avenue Elementary School 1.3 mi Public PRESCHOOL-5 4 0
St. Mark School 1.4 mi Catholic PRESCHOOL-8 0 0
Paseo Del Rey Natural Science Magnet 1.4 mi Public K-5 3 0
Venice Lutheran School 1.5 mi Private K-8 0 0
St. Bernard High School 1.5 mi Catholic 9-12 0 0
Acton Academy Venice Beach 1.6 mi Private 2-12 0 0
Westminster Avenue Elementary School 1.9 mi Public K-5 2 0
Animo Venice Charter High School 1.9 mi Public 9-12 3 3
Broadway Elementary School 1.9 mi Public K-5 5 0
Venice Skills Center 2.1 mi Public UNGRADE-UNGRADE 0 0
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
Local Weather for Playa Del Rey, CA
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.