LESLIE SELICH-MARKET UPDATE

Del Mar, CA 92014

Single-Family Homes

760.445.1144 | leslie@leslieselich.com | DRE# 01319198



Del Mar, CA 92014

Thu Feb 06 2025
This week the median list price for Del Mar, CA 92014 is $6,490,000 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 27. 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

Thu Feb 06 2025
This week the median list price for Del Mar, CA 92014 is $6,490,000 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 27. 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 $6,490,000
Median Price of New Listings $3,374,500
Per Square Foot $2,032
Average Days on Market 119
Median Days on Market 70
Price Decreased 19%
Price Increased 7%
Relisted 22%
Inventory 27
Median Rent
Market Action 34
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
$22,972,500 5,513 0.25 - 0.5 acre 5 6 5 1 0 122
$8,995,000 4,011 0.25 - 0.5 acre 4 4.5 20 0 0 49
$4,995,000 3,283 0.25 - 0.5 acre 4 3 45 0 0 77
$3,288,000 3,042 0.25 - 0.5 acre 4 4 40 3 1 28