DEL MAR Market Report for the Week of July 29, 2013

News | 31st Jul 2013

The median list price in DEL MAR, CA this week is $1,957,500.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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

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 single family homes in DEL MAR, contact Maxine Gellens.

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices

1 day ago

We are thrilled to have sold this beautiful home!

www.latimes.com/business/real-estate/story/2020-09-23/former-rockets-owner-leslie-alexander-sells... ...

Former Rockets owner Leslie Alexander sells La Jolla beach house for $16 million

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Longtime Houston Rockets owner Leslie Alexander has finally sold his La Jolla beach house for $16 million after nearly a decade of relists.

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is in La Jolla.

2 days ago

JUST SOLD ⭐️ Our second oceanfront sale this year on El Paseo Grande in La Jolla Shores where there are just 22 homes on this coveted stretch of sand.

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is at La Jolla Cove.

5 days ago

Happy national daughters day Marti!
There could not be a better daughter and business partner in the entire universe. I love you!!! 💕
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DEL MAR Market Report for the Week of July 29, 2013