Presented By:

Del Mar, CA Market Report Summary for the week of July 30, 2012

Del Mar Community, News | 5th Aug 2012

The median list price in DEL MAR, CA this week is $2,027,806.

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.

Prices

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 hereย to download the full Del Mar, CA Market Report.

For more information about Del Mar, CA Single Family Homes, contactย Maxine & Marti Gellens

Leave a Reply

Your email address will not be published. Required fields are marked *

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

1 day ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Happy 4th ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ˜Ž๐ŸŽ† ...

View on Facebook

4 days ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Are you hosting the 4th ๐Ÿ‡บ๐Ÿ‡ธ festivities this holiday? ๐ŸŽ† With this beautiful estate, you have he space to entertain and watch fireworks. With 9,726 sq.ft. and views, youโ€™ve got it made. Call us to schedule a showing. 858-551-6630

#entertainersdream #lajollamansion #lajollaestate
...

View on Facebook

1 week ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Happy birthday to our grandson/nephew and ๐ŸŒŸ agent Zach! ๐ŸŽ‚ Your dedication & determination in this business make us proud!
@zachgellensrealestate
...

View on Facebook