Del Mar, CA Market Report for the Week of October 22, 2012
The median list price in DEL MAR, CA this week is $2,245,000.
Inventory is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.
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
Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.
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
How much is your
Home worth?
Follow Us
Happy national daughters day Marti!
There could not be a better daughter and business partner in the entire universe. I love you!!! 💕
#nationaldaughtersday
10 BEDS | 11 BATHS | 7,940 Sq Ft
Resting upon an elevated estate view lot, in a peaceful and private setting in the Covenant of Rancho Santa Fe, sits this majestic, gated Spanish home on over 4-acres. The residence is wonderful as-is or can be transformed to fulfill your most discriminating tastes. Overlooking the valley with vast views to the south, the pristine grounds include a resort-inspired pool & spa, palapa with an outdoor kitchen, tennis court with a viewing deck, detached guest/pool house, detached office, and a covered lanai off of the kitchen. Custom designed with a grand yet tranquil ambiance, the residence’s light and airy interior includes an impressive 2-story foyer, 6 en suite bedrooms, 8 full baths plus 3 powder rooms, beautiful living and entertaining areas with soaring ceilings, and a generous cook’s kitchen with 2 islands, a breakfast area, wine refrigerator, and an abundance of cabinetry. Close yourself off from the world in the sumptuous, main floor master retreat offering a beautiful rotunda entry, an office with a powder room, a sitting room with a fireplace, and a bonus room perfect for a nursery, exercise room or whatever best suits your needs. Expansive and light-filled, the breathtaking bath boasts his-and-hers walk-in closets, water closets and vanities. French doors open onto a tranquil garden patio leading to the detached home office. Take the graceful, curved stairwell to the upper level where you will find 3 exceptional bedroom suites, an exercise room plus a cigar room/library, which could be an additional bedroom suite. Parking is a breeze with garages for 5 vehicles, as well as more than ample off-street parking. With an amazing Covenant location, privacy and views…this exceptional entertainer’s estate has it all!
Miss Pugga has been visiting our office and always excited for the treats we share with her.
#pug #blackpug #pugsofinstagram #dogsofinstagram #lajolladog #lajolladogs #blackpugsofinstagram