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.
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Now offered at $6,295,000!!
This stunning, single-story home sits on a 0.46 acre lot, in the highly sought-after flats of the Olde Muirlands.
If you have questions, or to set up a showing, please call us at 858.551.6630
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JUST LISTED! 🌟 European elegance meets modern beauty in this meticulous Muirlands estate, where awe-inspiring ocean & golf course views provide a priceless backdrop for sophisticated entertaining and personal enjoyment alike. Presenting a grand yet comfortable ambiance, the graceful floor plan features over 8,300 sq. ft. of luxurious interior space with an elevator servicing all levels. Upon entry, you’re greeted by expansive living areas showcasing head-on blue water views through a wall of curvilinear glass, abundant windows & spacious decks. A stunning, wood-paneled office plus the privately situated master retreat, with its sitting room, dual walk-in closets & spa-inspired bath, are also on the entry level.
Downstairs you will find an amazing recreation/game room with a kitchenette, 3 bedrooms and an exercise room with steam shower & sauna. The home also offers a top-floor guest suite, breathtaking rooftop deck, separate staff wing, and 4-car garage with additional off-street parking. The backyard is surrounded by privacy-providing greenery and boasts a gorgeous pool with soothing water features, an elevated spa, sprawling lawn, and numerous patios perfect for lounging or just enjoying La Jolla’s year round temperate climate. Some notable features: security system with comprehensive cameras, 6 zones of heat & A/C, secure vault room, electronic locks on all entry doors, speakers in most rooms, Tesla EV charger, whole house water treatment unit, automated window coverings in the living & rec rooms, as well as pre-wiring for a generator & home automation system. Coveted Muirlands locale!
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It’s all about the details at this Brand New, extraordinary California Coastal Farmhouse west of the 101 in Solana Beach. Here we share a slideshow of all the interesting light fixtures in this home.
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