The Clements Group Market Report

Del Mar, CA 92014

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



Del Mar, CA 92014

Mon Mar 08 2021
This week the median list price for Del Mar, CA 92014 is $5,995,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 42. Click here to stay informed with the Del Mar market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Del Mar, CA 92014

Mon Mar 08 2021
This week the median list price for Del Mar, CA 92014 is $5,995,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 42. Click here to stay informed with the Del Mar market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Del Mar market.
Median List Price $5,995,000
Per Square Foot $1,540
Days on Market 154
Price Decreased 26%
Price Increased 2%
Relisted 45%
Inventory 42
Median Rent $5,500
Most Expensive $89,000,000
Least Expensive $1,700,000
Market Action 30
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$11,997,500 4,942 0.25 - 0.5 acre 4 4 16 0 1 147
$7,044,000 3,821 0.25 - 0.5 acre 4 4 17 1 0 154
$4,998,000 3,461 0.25 - 0.5 acre 5 4 31 0 0 154
$2,675,000 2,274 8,000 - 10,000 sqft 4 2 36 1 1 147