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Del Mar, CA Market Report for the Week of December 10, 2012

Del Mar Community, News | 17th Dec 2012

The median list price in DEL MAR, CA this week is $2,526,168.

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

 

Supply and Demand

Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s Market.

 

Price

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

 

CLICK HERE to download the full Del Mar, CA Market Report.

For more information about Del Mar Single Family Homes, contact Maxine & Marti Gellens

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