Gina & Jeannie's Real Estate Market Report

Del Mar, CA

Single-Family Homes

Gina Scott | 760.994.6091 | gina.scott@fnf.com | Jeannie Mayberry | 619.249.2803 | Jeannie.Mayberry@fnf.com



Del Mar, CA

Sun Apr 14 2024
This week the median list price for Del Mar, CA is $4,795,000 with the market action index hovering around 36. This is less than last month's market action index of 41. Inventory has increased to 39. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Del Mar, CA

Sun Apr 14 2024
This week the median list price for Del Mar, CA is $4,795,000 with the market action index hovering around 36. This is less than last month's market action index of 41. Inventory has increased to 39. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Del Mar market.
Median List Price $4,795,000
Median Price of New Listings $18,950,000
Per Square Foot $1,864
Average Days on Market 74
Median Days on Market 42
Price Decreased 49%
Price Increased 5%
Relisted 15%
Inventory 39
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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
$14,495,000 5,295 0.25 - 0.5 acre 4 5.5 19 3 0 91
$6,147,497 3,540 0.25 - 0.5 acre 4 3.5 18 0 1 98
$4,150,000 2,401 8,000 - 10,000 sqft 3 2.8 37 1 0 14
$3,024,950 2,401 6,500 - 8,000 sqft 4 3 53 1 2 38