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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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NEW DEL MAR LISTING!
OPEN Saturday & Sunday 1-4PM
2131 El Amigo Road
Del Mar, CA 92014

$2,350,000
Beds: 3 + Office | Full Baths: 2.5
Ocean view contemporary with vaulted ceilings In Del Mar, close to the Beach and Village. This great home has large front and backyards with multiple view decks for relaxing and recreation, an entire upstairs ocean view master retreat featuring an office and separate bonus room with stone fireplace. The entry level is comprised of 2 additional bedrooms, a large family room with French doors and a quaint kitchen that opens up to the backyard. Enjoy this home as is or add on and remodel as you wish!
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