LESLIE SELICH-MARKET UPDATE
Del Mar, CA 92014
Single-Family Homes
760.445.1144 | leslie@leslieselich.com | DRE# 01319198
Del Mar, CA 92014
Fri Apr 25 2025
This week the median list price for Del Mar, CA 92014 is $5,395,000 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has decreased to 37.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
Real-Time Market Profile
| Median List Price | $5,395,000 | |
| Median Price of New Listings | $3,249,000 | |
| Per Square Foot | $2,094 | |
| Average Days on Market | 96 | |
| Median Days on Market | 56 | |
| Price Decreased | 41% | |
| Price Increased | 3% | |
| Relisted | 11% | |
| Inventory | 37 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $17,500,000 | 5,472 | 0.25 - 0.5 acre | 5 | 6 | 10 | 0 | 0 | 126 |
| $6,995,000 | 2,800 | 0.25 - 0.5 acre | 4 | 4.5 | 48 | 0 | 0 | 70 |
| $3,999,900 | 2,239 | 8,000 - 10,000 sqft | 3 | 3 | 53 | 2 | 1 | 49 |
| $2,872,000 | 2,482 | 6,500 - 8,000 sqft | 3 | 2.8 | 38 | 3 | 0 | 38 |