Presented By:

Del Mar, CA Market Report for the Week of December 3, 2012

News | 6th Dec 2012

The median list price in DEL MAR, CA this week is $2,495,000.

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

Supply and Demand

In terms of supply and demand, the market is getting cooler – more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of
improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Price

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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

For more information about La Jolla Single Family Homes, contact Maxine & Marti Gellens

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

22 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Miss Pugga has been visiting our office and always excited for the treats we share with her.

#pug #blackpug #pugsofinstagram #dogsofinstagram #lajolladog #lajolladogs #blackpugsofinstagram
...

View on Facebook

22 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

NEWLY LISTED!
835 Midway Street
La Jolla, CA 92037
3 BED | 1 BATH | 1,190 sqft
List Price $1,595,000

Incredible opportunity to purchase this bright, charming, single-level, Bird Rock beach cottage with tons of outdoor space and plenty of room to expand. The large, wraparound yard is perfect for entertaining or relaxing with family and friends. 3rd bedroom doesn’t have a closet. The desirable location allows for easy access to Bird Rock Elementary, beaches, Gelson’s Market, Turquoise Street shops and restaurants, as well as everything Bird Rock has to offer! Renderings for expansion are available. CALL 858-551-6630 for more info or to schedule a showing. Virtual Slideshow —-https://bit.ly/3crPgFG
...

View on Facebook

2 days 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!
Thinking of Selling? Contact us today 858-551-6630
...

View on Facebook