DEL MAR Market Report for the Week of July 15, 2013

News | 15th Jul 2013

The median list price in DEL MAR, CA this week is $1,997,000. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.

Supply and Demand

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Price

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices

4 days ago

Having a great time learning from the best, our coach @tomferry ☺️

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is in Las Vegas, Nevada.

5 days ago

We made it to Vegas for our coach’s Elite Retreat. @tomferry we can’t wait!!! We learn so much from Tom, his speakers & team.

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Dream Homes Magazine

5 days ago

JUST SOLD!
La Joyaita - Ultra-Charming European Villa - Quality Craftsmanship - Old-World Architecture Canyon Setting - Highly Sought-After Country Club Neighborhood of La Jolla.

Presented by: Maxine & Marti Gellens, Berkshire Hathaway HomeServices | Berkshire Hathaway HomeServices California Properties

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DEL MAR Market Report for the Week of July 15, 2013