Del Mar Homes for Sale - What Happened in the Del Mar Real Estate Market in March 2012?

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $43M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for March 2012 (the data are believed accurate but are not guaranteed, and do not include private sales). 

13 homes sold in the Del Mar real estate market in March 2012, 2 more (up 18%) than in February. Here's a summary of the activity: 

Overall sales volume rose from February sales although only by 2 homes – of all the sale, 38% were cash. Average sale prices of detached homes rose substantially, but in part due to the fact that 1 detached home sold at $6.3 million. Buyers were able to negotiate, on average, 8-10% off list prices.

There were 8 Del Mar homes on the market at the end of March 2012 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 6% of the total number of homes for sale). These are included in the overall Active statistics below. 

35 homes entered the Del Mar real estate market in March, 21% more new listings than in February. 22 Del Mar homes went pending in March, more than double the number of homes going pending in February.

There were 135 Del Mar homes for sale at the end of March, an downward shift by 6% from February. At the current rate of sales over a 6-month period, this represents an inventory of 12.2 months for detached homes (up from 10.1 last month), and 6.3 months for attached properties, down from 8.6 months in February.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

What Impact will the Shadow Inventory Have on the Housing Market?

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

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Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in February 2012?

Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in January 2012?

Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in December 2011?

Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in November 2011?

Del Mar Homes for Sale | Del Mar Real Estate Market Report for October 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for September 2011

Del Mar Homes for Sale - What Happened in the Del Mar Real Estate Market in February 2012?

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for February 2012 (the data are believed accurate but are not guaranteed, and do not include private sales). 

11 homes sold in the Del Mar real estate market in February 2012, 2 fewer (down 15%) than in January. Here's a summary of the activity: 

Overall sales volume declined from January sales although only by 2 homes. Average sale prices of detached homes declined substantially, but in part due to the fact that 2 homes last month sold for over $4 million bringing up the average. Buyers are able to negotiate, on average, 3 to 5% off list prices.

There were 7 Del Mar homes on the market at the end of February 2012 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 3% of the total number of homes for sale). These are included in the overall Active statistics below. 

29 homes entered the Del Mar real estate market in February, 34% fewer than new listings in January. 10 Del Mar homes went pending in February, the same as last month.

There were 144 Del Mar homes for sale at the end of February, an upward shift by 4% from January, the 2^nd month of inventory increase following 4 months of inventory decline. At the current rate of sales over a 6-month period, this represents an inventory of 10.1 months for detached homes (up from 9 last month), and 8.6 months for attached properties, down from 9 months in January.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

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Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in January 2012?

Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in December 2011?

Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in November 2011?

Del Mar Homes for Sale | Del Mar Real Estate Market Report for October 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for September 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for August 2011

Del Mar Homes for Sale - What Happened in the Del Mar Real Estate Market in January 2012?

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for January 2012 (the data are believed accurate but are not guaranteed, and do not include private sales). 

13 homes sold in the Del Mar real estate market in January 2012, the same as in December. Here's a summary of the activity: 

Overall sales volume remained stable. Sale prices of detached homes rose substantially, with 2 of the 8 homes selling above $4 million. Buyers are able to negotiate, on average, 4 to 6% off list prices, especially for attached properties.

There were 4 Del Mar homes on the market at the end of January 2012 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 3% of the total number of homes for sale). These are included in the overall Active statistics below. 

44 homes entered the Del Mar real estate market in January, more than double the number entering the market in December. 10 Del Mar homes went pending in January, a drop off by 2 (about 17%) from December pendings.

There were 138 Del Mar homes for sale at the end of January, an upward shift by 4% from December, following 4 months of inventory decline. At the current rate of sales over a 6-month period, this represents an inventory of 9 months for detached homes (up from 7.9 last month), and 9 months for attached properties, up from 8.2 months in December.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

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Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in December 2011?

Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market in November 2011?

Del Mar Homes for Sale | Del Mar Real Estate Market Report for October 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for September 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for August 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for July 2011

What Happened in the Del Mar Real Estate Market in December 2011?

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for December 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

13 homes sold in the Del Mar real estate market in December, 18% more than in November. Here's a summary of the activity: 

Overall sales volume shifted up (by 2 sales); while detached home sales rose dramatically, attached home sales dropped off substantially. Sale prices of detached homes declined substantially, but this was due to the fact that all sales were below $1.985, in contrast to all sales being over $1.75 last month. Buyers are able to negotiate, on average, up to 10% off list prices, especially for attached properties.

There were 3 Del Mar homes on the market at the end of December 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 5% of the total number of homes for sale). These are included in the overall Active statistics below. 

20 homes entered the Del Mar real estate market in December, down by 39% from November. 12 Del Mar homes went pending in December, a drop off by 5 (about 30%) from November pendings.

There were 133 Del Mar homes for sale at the end of December, a downward shift by 11% from November, the 4^th month of inventory decline. At the current rate of sales over a 6-month period, this represents an inventory of 7.9 months for detached homes (down from 8.5 last month), and 8.2 months for attached properties, up from 8.1 months in November.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

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Del Mar Homes for Sale – What Happened in the Del Mar Real Estate Market iin November 2011?

Del Mar Homes for Sale | Del Mar Real Estate Market Report for October 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for September 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for August 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for July 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for June 2011

What Happened in the Del Mar Real Estate Market in November 2011?

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for November 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

11 homes sold in the Del Mar real estate market in November, 21% fewer than in October. Here's a summary of the activity: 

Overall sales volume shifted down fairly significantly, but while detached home sales dropped dramatically, there was a doubling of attached home sales. Sale prices of detached homes rose substantially, but this was due to the fact that all sales were above $1.75 million, with 1 in the low $4 million range. In contrast, 4 of the 6 attached homes sold for under $300K, dropping the average price significantly. And Days on Market also rose significantly to more than4.5 months.

There were 7 Del Mar homes on the market at the end of November 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 5% of the total number of homes for sale). These are included in the overall Active statistics below. 

33 homes entered the Del Mar real estate market in November, 2 more (6%) than in October. 17 Del Mar homes went pending in November, a significant jump by 89% over October pendings.

There were 150 Del Mar homes for sale at the end of November, a downward shift by 6% from October, the 3^rd month of inventory decline. At the current rate of sales over a 6-month period, this represents an inventory of 8.5 months for detached homes (up from 8 last month), and 8.1 months for attached properties, down from 9.5 months in October.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

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Del Mar Homes for Sale | Del Mar Real Estate Market Report for October 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for September 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for August 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for July 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for June 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for May 2011

Del Mar Homes for Sale – Del Mar Real Estate Market Report for October 2011

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for October 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

14 homes sold in the Del Mar real estate market in October, 42% fewer than in September. Here's a summary of the activity: 

Overall sales volume shifted down fairly significantly, but with an increase in average sales prices across the board.

There were 4 Del Mar homes on the market at the end of October 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 3% of the total number of homes for sale). These are included in the overall Active statistics below. 

31 homes entered the Del Mar real estate market in October, 2 more (7%) than in August. 9 Del Mar homes went pending in October, 6 fewer than in September.

There were 159 Del Mar homes for sale at the end of October, a downward shift by 5% from September, the second month of inventory decline. At the current rate of sales over a 6-month period, this represents an inventory of 8 months for detached homes (up from 7.5 last month), and 9.5 months for attached properties, up from 8.5 months in September.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

SEARCH FOR DEL MAR HOMES FOR SALE

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Del Mar Homes for Sale | Del Mar Real Estate Market Report for September 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for August 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for July 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for June 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for May 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for April 2011

Del Mar Homes for Sale – Del Mar Real Estate Market Report for September 2011

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile)

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for September 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

24 homes sold in the Del Mar real estate market in September, 50% more than in August. Here's a summary of the activity: 

Overall sales volume shifted up fairly significantly, with a decrease in average sales prices across the board, the second month of decline for detached homes.

There were 5 Del Mar homes on the market at the end of September 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 3% of the total number of homes for sale). These are included in the overall Active statistics below. 

29 homes entered the Del Mar real estate market in September, 4 fewer (down 12%) than in August. 15 Del Mar homes went pending in September, 3 less than in August.

There were 167 Del Mar homes for sale at the end of September, a downward shift by 7% from August. At the current rate of sales over a 6-month period, this represents an inventory of 7.5 months for detached homes (down from 8.8 last month), and 8.4 months for attached properties, the same as in August.

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers does not establish a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

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Del Mar Homes for Sale | Del Mar Real Estate Market Report for August 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for July 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for June 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for May 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for April 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for March 2011

Del Mar Real Estate Market Report for August 2011

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for August 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

16 homes sold in the Del Mar real estate market in August, 20% fewer than in July. Here's a summary of the activity: 

Overall sales volume shifted down fairly significantly, with a decline in average sales prices for detached home.

There were 5 Del Mar homes on the market at the end of August 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 2% of the total number of homes for sale). These are included in the overall Active statistics below. 

33 homes entered the Del Mar real estate market in August, a 43% increase over July.

There were 177 Del Mar homes for sale at the end of August, 2 more than in July. At the current rate of sales over a 6-month period, this represents an inventory of 8.8 months for detached homes (down from 9.2 last month), and 8.4 months for attached properties, down from 7.6 months at the end of July.

18 Del Mar homes went pending in August, about the same as last month (1 less).

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers is not a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

SEARCH FOR DEL MAR HOMES FOR SALE

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Del Mar Homes for Sale | Del Mar Real Estate Market Report for July 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for June 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for May 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for April 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for March 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for February 2011

Del Mar Homes for Sale – Del Mar Market Report for July 2011

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for July 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

20 homes sold in the Del Mar real estate market in July, the same as in June. Here's a summary of the activity: 

Overall sales volume did not change but decline slightly for detached homes and rose for attached, in particular for detached homes. Average sales prices rose fairly significantly especially for detached homes.

There were 4 Del Mar homes on the market at the end of July 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 2% of the total number of homes for sale). These are included in the overall Active statistics below. 

23 homes entered the Del Mar real estate market in July, about 41% fewer than in June, another decline.

There were 175 Del Mar homes for sale at the end of July, down by 9% from June’s inventory. At the current rate of sales over a 6-month period, this represents an inventory of 9.2 months for detached homes (down from 11.5 last month), and 7.6 months for attached properties, down from 7.4 months at the end of June.

19 Del Mar homes went pending in July, 72% more than the number going pending in June (11).

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers is not a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

SEARCH FOR DEL MAR HOMES FOR SALE

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Del Mar Homes for Sale | Del Mar Real Estate Market Report for June 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for May 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for April 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for March 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for February 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for January 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for December 2010

Del Mar Real Estate Market Report for June 2011

Del Mar is a small coastal town in North San Diego County and one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has the most expensive home for sale in San Diego County (at $61M), and still holds the record for the most expensive property sold (at about $48,000,000). 

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile) 

Having up to date information on the local Del Mar real estate market is important for buyers and sellers to make informed decisions about buying and selling Del Mar homes. Here are the statistics obtained from the MLS for Del Mar for June 2011 (the data are believed accurate but are not guaranteed, and do not include private sales). 

20 homes sold in the Del Mar real estate market in June, 11% more than in May. Here's a summary of the activity: 

Overall sales volume rose, in particular for detached homes, but declined by 1 for attached homes. Average sales prices also decreased for detached homes, but increased for attached homes.

There were 7 Del Mar homes on the market at the end of June 2011 with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders, 3% of the total number of homes for sale). These are included in the overall Active statistics below. 

39 homes entered the Del Mar real estate market in June, about 26% fewer than in May.

There were 193 Del Mar homes for sale at the end of June, up by 10% from May's inventory. At the current rate of sales over a 6-month period, this represents an inventory of 11.5 months for detached homes (down from 11.7 last month), and 8.4 months for attached properties, up from 7.9 months at the end of May.

11 Del Mar homes went pending in June, less than half the number going pending in May (23, down 52%).

READ MORE: How Important is Inventory when Buying or Selling? Very!!  

As with any statistic, 1 month of numbers is not a trend, so it is important to watch what is and has been happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, as well as the fairly small number of sales. 

Search for Del Mar Homes for Sale

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Del Mar Homes for Sale | Del Mar Real Estate Market Report for May 2011 

Del Mar Homes for Sale | Del Mar Real Estate Market Report for April 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for March 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for February 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for January 2011

Del Mar Homes for Sale | Del Mar Real Estate Market Report for December 2010