DEL MAR, CA Market Report for the Week of September 22, 2013 (Single Family Homes)
The median list price in DEL MAR, CA this week is $1,999,999. 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
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
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For more information about single family homes in DEL MAR, CA, contact Maxine Gellens.