Del Mar, CA Market Report for the Week of October 29, 2012
The median list price in DEL MAR, CA this week is $2,195,000.
Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.
Supply and Demand
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
Price
Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
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
How much is your
Home worth?
Follow Us
Our extraordinary seaside Villa in Olde Del Mar is featured on Haute Residence. 👀
www.hauteresidence.com/maxine-marti-gellens-an-extraordinary-seaside-villa-in-del-mar/
www.hauteresidence.com
This seaside Villa represents a tremendous value in Olde Del Mar comprised of a sizeable gated residence on an impressive 15,000 sq. ft. parcel. Listed by Maxine & Marti GellensConsider living by La Jolla’s greatest treasure, The La Jolla Cove, where there is crystal blue water and an abundance of marine life to observe. 🌊 🐠 🦭 ☀️
We have an elegant luxury condo for sale in the prestigious 939 Cost High-Rise. Messages us to schedule a showing! Offered at $1,998,000.
#lajollacove #thecove #lajolla #lajollacondo
What an opportunity! This ultra-charming cottage is less than 2 miles to the beach. A picketed fence welcomes you to a remodeled interior as well as private, spacious outdoor areas. Message us to schedule a showing.
#imperialbeach #imperialbeachcalifornia #imperialbeachpier