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Del Mar, CA Market Report for August 1st, 2012

News | 3rd Aug 2012

The median list price in DEL MAR, CA this week is $1,960,000.

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. While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s Market.

Price

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

CLICK HERE to download the full Del Mar Single Family Homes Market Report.

For more valuable information regarding Luxury homes in the Del Mar area, CLICK HERE. 

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15 hours 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
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1 day ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

With Interest Rates so low this could be a great opportunity to enter the Downtown Real Estate Market
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3 days ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Shana Tova, happy new year! They say if you do what you love, you never work a day in your life. 🥰How lucky are we to be working together as mother-daughter parters, and in this beautiful place to top it off? We believe our clients benefit from the way we love each other and our business.
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