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DEL MAR, CA Market Report for the Week of August 18, 2013

Del Mar Community, News | 22nd Aug 2013

The median list price in DEL MAR, CA this week is $1,995,000.Demand measured by the Market Action Index is increasing and days-on-market is holding steady. With more properties coming available, conditions are mildly positive.

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Supply and Demand

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
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Price

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.
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CLICK HERE to download the full market report for DEL MAR, CA.
For more information about single family homes in DEL MAR, CA, contact Maxine Gellens.
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