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Del Mar, CA Market Report for Second Half of September, 2012

Del Mar Community | 6th Oct 2012

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

Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

Supply and Demand

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer’s market to a Seller’s market.

Price

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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

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

 

 

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15 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Sold in less than 2 weeks of hitting the market. The Real Estate Market is Hot, Hot, Hot!
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1 day ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

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3 days ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Shana Tova, happy new year! They say if you do what you love, you never work a day in your life. 🥰How lucky are we to be working together as mother-daughter parters, and in this beautiful place to top it off? We believe our clients benefit from the way we love each other and our business.
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