Presented By:

Del Mar, CA Market Report for the Week of October 22, 2012

Del Mar Community, News | 26th Oct 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

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Your email address will not be published.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

This message is only visible to admins.

Problem displaying Facebook posts. Backup cache in use.
Click to show error

Error: Error validating access token: The user has not authorized application 1332798716823516.
Type: OAuthException

Have it all in the coveted Country Club neighborhood of La Jolla. Call us to schedule your private showing 858-551-6630. ...

View on Facebook

1 day ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Thanks for putting your trust in us! We helped 90 happy homeowners with their real estate needs in 2020, with $182 Million in sales. We are grateful for you!!!!

90 homes reflect 78 sales & 12 leases.
Sales volume does not include leases.

#lajollarealestate #lajollarealtor #delmarrealestate #delmarrealtor #sandiegorealestate #sandiegorealtor
...

View on Facebook

1 day ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Maxine & Marti Gellens, Berkshire Hathaway HomeServices's cover photo ...

View on Facebook