Del Mar, CA Market Report for the Week of November 12, 2012
The median list price in DEL MAR, CA this week is $2,250,000.
Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Supply and Demand
The market has settled in at a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.
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For more information about Del Mar, CA Single Family Homes, contact Maxine & Marti Gellens
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Enjoy sophisticated modern flair with this custom home in the coveted guard-gated community of The Bridges. Set upon a beautifully landscaped, 0.8-acre parcel on a cul-de-sac creating a very private setting with no neighbor behind you. Ideally designed to embrace indoor-outdoor living with a gorgeous, gated entry courtyard, an expansive lanai with a fireplace inviting al fresco dining, and a tranquil backyard highlighted by an infinity-edge pool, spa, outdoor fireplace and plenty of space for lounging. Call us to schedule a private showing.
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SOLD we were able to bring our buyers to our sellers for a smooth, quick transaction. Our teammate Kate Adams knows the La Jolla Shores extremely well as she lives in and is heavily involved in the community for years. #whoyouworkwithmatters #lajollashores #lajollashoresbeach #lajollashoresliving
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