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DEL MAR, CA Market Report for the Week of August 26, 2013 (Single Family Homes)

Del Mar Community, News | 27th Aug 2013

The median list price in DEL MAR, CA this week is $1,995,000.Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

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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.
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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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CLICK HERE to download the full market report for DEL MAR, CA.
For more information about single family homes in DEL MAR, CA contact Maxine Gellens.
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