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Del Mar, CA Market Report for the Week of September 17, 2012

News | 13th Sep 2012

The median list price in DEL MAR, CA this week is $2,122,500.

The Market Action index has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for the market.

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.

Price

This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a change in the market.

CLICK HERE to download the full Del Mar, CA housing market report.

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