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
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Contemporary View Estate AVAILABLE - FOR SALE!
1740 Colgate Circle
La Jolla, California 92037
List Price $4,100,000
Finally, a sizable, soft contemporary estate that checks off all of boxes on your wish list…an exceptionally private, 4+ bedroom home with a pool and a sport court, situated upon a 0.78-acre parcel nestled amongst meticulously landscaped grounds, showcasing views of the city, bay and ocean. Expertly designed by Architect, Marc Tarasuck. Aesthetically pleasing in every regard, the light-filled interior consists of 4 bedrooms plus an office/library, 6 full baths plus a powder room, hardwood flooring throughout, two master suites, one conveniently located on each floor, and a flexible floor plan with generously-sized rooms. The stunning formal and informal living areas, which boast voluminous ceilings and 2 fireplaces, seamlessly flow from one to the next. The gourmet cook’s kitchen offers a breakfast area with disappearing doors opening onto one of several patios, a walk-in pantry plus a butler’s pantry and a 400+ bottle wine cellar. The upper level master suite features spectacular, southerly views of the downtown skyline, bay & ocean, while the spa-inspired bath has a large air-jet tub and an oversized shower. An amazing office/study with a full bath and closet could be the 5th bedroom should the need arise. An entertainer’s dream, the residence is surrounded by gracious patios, breathtaking landscaping which includes a drought-tolerant front yard, rose garden and fruit trees, a large pool, sport court, as well as a hillside ‘secret garden’. Other amenities: 30 photovoltaic solar panels, a rooftop deck with panoramic views, an exterior pool bath, fiber optic wiring for internet, cable & Wi-fi, and landscape lighting throughout. A quiet cul-de-sac location, privacy and views – this one has it all!
CALL OUR OFFICE FOR MORE INFO OR TO SCHEDULE A SHOWING 858-551-6630
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Sizable, Soft Contemporary View Estate | La Jolla, California
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Finally, a sizable, soft contemporary estate that checks off all of boxes on your wish list...an exceptionally private, 4+ bedroom home with a pool and a sport...FOR SALE!
7740 Whitefield Place
La Jolla CA 92037
5 BED | 6 BATHS | 5,477 sqft
List Price $ 4,480,000
Situated in a serene canyon setting on a cul-de-sac within the coveted Country Club neighborhood of La Jolla, this beautifully designed home features approximately 5,500 square feet of living space allowing for grand-scale entertaining while maintaining a warmth and tranquility seldom found. Resting upon a 0.41-acre parcel surrounded by lush, meticulous grounds, the property is comprised of a 4 bedroom, 4.5 bath home including an attached guest quarters plus a detached guest suite above the 3-car garage…
Call for more info or to schedule a showing (858) 551-6630
Virtual tour -- >> bit.ly/35Jgfeo
Out of the thousands of listings Maxine and Marti have sold over the years, this one makes Maxine's Top 5 List. Join them in their tour of this exceedingly rare, ocean bluff opportunity in La Jolla.
Tucked within an enviable, in-town locale showcasing extraordinary views overlooking the coastal reserve and Pacific Ocean, this one-of-a-kind property is comprised of 5 parcels totaling 0.78-acres with a gated cottage, tennis court and garage parking for 4 vehicles. Warmth and charm abound throughout the u-shaped residence featuring 4 bedrooms, 4.5 baths, hardwood flooring, and expansive entertaining areas flowing from one to the next. The generous living room, with its dramatic open beamed ceiling and fireplace, presents an idyllic environment to sit and watch the kayaks glide by.
This is a rare trifecta of ocean bluff grandeur, Village proximity and a secluded location on a scenic one-lane road and walking path. A truly unforgettable experience in coastal living.
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