LESLIE SELICH-MARKET UPDATE

Del Mar, CA 92014

Single-Family Homes

760.445.1144 | leslie@leslieselich.com | DRE# 01319198


Del Mar, CA 92014

Wed Jan 29 2025
This week the median list price for Del Mar, CA 92014 is $6,492,500 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has increased to 22. 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

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Del Mar, CA 92014

Wed Jan 29 2025
This week the median list price for Del Mar, CA 92014 is $6,492,500 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has increased to 22. 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

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Del Mar market.
Median List Price $6,492,500
Median Price of New Listings $3,141,500
Per Square Foot $2,190
Average Days on Market 138
Median Days on Market 77
Price Decreased 23%
Price Increased 9%
Relisted 32%
Inventory 22
Median Rent
Market Action 35
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$24,995,000 5,530 0.25 - 0.5 acre 5 6 9 0 0 168
$9,995,000 4,011 0.25 - 0.5 acre 4 4.5 20 0 0 42
$5,495,444 2,942 0.25 - 0.5 acre 4 3.3 41 0 0 143
$3,344,000 3,032 0.5 - 1 acre 3 3.3 36 2 1 38