Presented By:

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

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Share & Print This Post
Choose A Topic Below

How much is your
Home worth?

Looking for a home? Talk to an Area Expert...
  • This field is for validation purposes and should be left unchanged.
Follow Us

6 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

We 💛 the Padres and have been season ticket holders for years. ⚾️ One of the many things we love about San Diego. #letsgopadres #sdpadres #padresfan #padres #padresbaseball ...

View on Facebook

13 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Our teammate, Kate, just sold this fantastic view home in the La Jolla Country Club Neighborhood! Very happy for her and her clients!

#lajolla #lajollacountryclub #lajollarealestate #realestate #oceanviews
...

View on Facebook

2 days ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

We are so happy Broker Caravan is back and we can preview properties for our clients. It’s also nice to physically see and visit with our agent colleagues. Maxine sold this house many years ago and it was fun to see it again.

#lajollahomes #lajollarealtors #lajollarealtor #lajollarealestate #lajollarealestateagent
...

View on Facebook