Del Mar Market Report Week of July 9, 2012
THIS WEEK’S market report for Del Mar
The median list price in DEL MAR, CA this week is $1,750,000.
Demand measured by the Market Action Index is increasing and
days-on-market is trending downward. Even as more properties
come available, these are positive trends for the market.
Supply and Demand
Home sales have been exceeding new inventory for several weeks.
However because of excess inventory, prices have not yet stopped
falling. Should the sales trend continue, expect prices to level off
soon and potentially to resume their climb from there. Watch prices
as the market transitions from a Buyer’s market to a Seller’s market.
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.
For more information on Del Mar luxury homes please CLICK HERE
How much is your
Home worth?
Follow Us
We’re getting our clients top dollar for their properties. We had 40 offers, countered the top 8 and opened escrow today on this amazing opportunity in Encinitas. If you’re considering selling, contact us! We’ll share our strategy on how we can deliver the same superior service for you.
#encinitas #encinitaslife #encinitashomes #encinitashome
PRICE IMPROVEMENT
$859,000
This beautifully appointed townhome rests in a tranquil location within The Villas of Whispering Palms. A gated entry courtyard welcomes you into elegant living spaces offering engineered wood floors, a fireplace, generous granite kitchen with an abundance of cabinetry, and a slider opening onto an enclosed patio perfect for lounging or dining al fresco. Upstairs you will find all 3 bedrooms with vaulted ceilings including the master suite with a spacious walk-in closet, fireplace and private balcony.
4062 Avenida Brisa
Rancho Santa Fe, CA 92091
3BD | 2BA | 2,062 sq.ft.
#whisperingpalms #rsf #ranchosantafe
7091 Caminito Valverde
La Jolla, CA 92037
4 Beds | 3.5 Baths | 2,618 SqFt
Ocean views and a tranquil, park-like setting surrounded by vast open space are yours to enjoy from this exceptionally private home in La Jolla Summit. Upon entry you’re welcomed by sun-filled living areas with an inviting indoor-outdoor flow consisting of a spacious living room with a fireplace, formal dining room, and an architecturally designed chef’s kitchen adjacent to the family room. All 4 bedrooms are conveniently situated upstairs including the generous master suite showcasing vaulted ceilings and an incredible view of the ocean. Serene outdoor spaces enable effortless entertaining from its extra-large, low maintenance yard with four separate patios and a hot tub. Residents of La Jolla Summit benefit from community amenities comprised of a clubhouse, 2 pools, 3 tennis courts, a fitness center, kid’s playground, basketball, indoor racquetball, an indoor spa and LOW HOA fees. Enjoy easy access to the freeway, beaches, as well as Village shops and eateries. This is a rare offering in an enviable location that only one family will be lucky enough to call home.
#lajolla #lajollarealestate #lajollasummit #sandiegorealestate