Del Mar, CA Market Report for the Week of January 7, 2013
The median list price in DEL MAR, CA this week is $2,580,000.
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.
Supply and Demand
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Price
Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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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Haute Residence features our modern gem in the Muirlands La Jolla.
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This beautiful home showcases walls of glass accentuating absolutely awe-inspiring views overlooking the city, golf course. Listed by Maxine & Marti GellensOur teammate @mark_magstadt helped this first time home buyer navigate this highly competitive market, to beat out the competition in a multiple offer situation!
Congrats to this happy new homeowner!
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