Market Report
Del Mar, CA
Single-Family Homes
Chartwell Escrow
Del Mar, CA
Fri Jun 02 2023
This week the median list price for Del Mar, CA is $6,597,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 24.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $6,597,000 | |
| Median Price of New Listings | $4,600,000 | |
| Per Square Foot | $2,068 | |
| Average Days on Market | 118 | |
| Median Days on Market | 49 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 8% | |
| Inventory | 24 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
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Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $13,622,500 | 4,433 | 8,000 - 10,000 sqft | 4 | 4 | 14 | 1 | 0 | 199 |
| $7,871,000 | 4,642 | 0.25 - 0.5 acre | 4 | 4.5 | 7 | 0 | 0 | 31 |
| $5,635,000 | 2,742 | 0.25 - 0.5 acre | 4 | 3.5 | 25 | 1 | 3 | 45 |
| $3,472,500 | 2,428 | 0.25 - 0.5 acre | 4 | 3 | 47 | 1 | 3 | 49 |