Del Mar Real Estate Market Report for June 2010

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $61M and $39M), 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 be able to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for June 2010 (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 May, 2 less than in May. Here's a summary of the activity: 

**large increase in average likely due, in part, to a $7 million sale in June 

Sales volume declined over the prior month by 2 homes, but with an overall significant increase in average home prices for detached homes (due to the sale of a $7 million home), and a substantial decrease in average prices for the 4 attached homes sold, 1 of which was an REO.

There were 10 Del Mar homes on the market at the end of June 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. 

45 homes entered the Del Mar real estate market in June, about the same as in May. 

There were 199 Del Mar homes for sale at the end of June, an increase of 8% over May, and the 6th consecutive monthly increase in inventory, good news for buyers, but perhaps not for sellers. At the current rate of sales over a 6-month period, this represents an inventory of 18.4 months for detached homes (up from 14.8 last month), and 13.6months for attached properties, up from 12.8 months as of the end of MAy. 

14 Del Mar homes went pending in June, 5 more than in May (an increase of 44%). 

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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

READ MORE:

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for April 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for March 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for February 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for January 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for December 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for November 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009

Del Mar Real Estate Market Report for May 2010

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $61M and $39M), 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 be able to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for May 2010 (the data are believed accurate but are not guaranteed, and do not include private sales). 

15 homes sold in the Del Mar real estate market in May, 3 more than in April. Here's a summary of the activity: 

Sales volume rose over the prior month by 3 homes, and with an overall significant decrease in home prices for detached homes, but a substantial rise in average price for the 7 attached homes sold. 

There were 10 Del Mar homes on the market at the end of May 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. 

44 homes entered the Del Mar real estate market in May, up 7% from April. 

There were 185 Del Mar homes for sale at the end of May, an increase of 11% over April, and the 5th consecutive monthly increase in inventory, good news for buyers. At the current rate of sales over a 6-month period, this represents an inventory of 14.8 months for detached homes (up from 12.3 last month), and 12.8 months for attached properties, down from 13.8 months as of the end of April. 

9 Del Mar homes went pending in May, less than half the number that did so in April. 

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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

READ MORE:   

Del Mar Real Estate - Del Mar Real Estate Market Report for April 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for March 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for February 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for January 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for December 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for November 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

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All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Del Mar Real Estate Market Report for April 2010

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $61M and $50M), 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 be able to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for March 2010 (the data are believed accurate but are not guaranteed, and do not include private sales). 

12 homes sold in the Del Mar real estate market in April, 1 more than in March. Here's a summary of the activity: 

Sales volume rose over the prior month with 1 more home sold, and with an average increase in prices overall and for detached homes. It would be unwise to draw an conclusions given the relatively small number of sales. 

There were 11 Del Mar homes on the market at the end of April 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.

41 homes entered the Del Mar real estate market in April, up 14% from March, following last month's decline from February. 

There were 167 Del Mar homes for sale at the end of April, a modest increase of 4% over MArch, but the 4th consecutive monthly increase. At the current rate of sales over a 6-month period, this represents an inventory of 12.3 months for detached homes (up from 12 last month), and 13.8 months for attached properties, up from 9.9 months as of the end of March. 

20 Del Mar homes went pending in April, 33% more than last month. 

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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

READ MORE:   

Del Mar Real Estate - Del Mar Real Estate Market Report for February 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for January 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for December 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for November 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

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WANNA GOOGLE ME?

                       Subscribe in a reader

 If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $61M and $50M), 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 be able to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for March 2010 (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 March, 1 more than in February. Here's a summary of the activity: 

Sales volume rose slightly over the prior month with 1 more home sold, but with an average decrease in prices overall. There is not much you can say about this change due to the small number of sales.

There were 9 Del Mar homes on the market at the end of March 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. 

36 homes entered the Del Mar real estate market in March, down 12% from February, another consecutive decline. 

There were 160 Del Mar homes for sale at the end of March, a modest increase of 5% over February, but the third consecutive increase. At the current rate of sales over a 6-month period, this represents an inventory of 12 months for detached homes (up from 9.7 last month), and 9.9 months for attached properties, up from 8.8 months as of the end of February. 

15 Del Mar homes went pending in March, 4 more than last month. 

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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

READ MORE: 

Del Mar Real Estate - Del Mar Real Estate Market Report for February 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for January 2010  

Del Mar Real Estate - Del Mar Real Estate Market Report for December 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for November 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

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WANNA GOOGLE ME?

                       Subscribe in a reader

 If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

San Diego Spring Home/Garden Show will be at the Del Mar Fairgrounds

March 5^th through the 7^th, 2010 

Just because the San Diego weather is milder and less wintry than many other parts of the country doesn't mean you can't get excited about spring and the San Diego Spring Home/Garden Show. 

Now who doesn't like a home and garden show?

It can be so much fun to see all the flower and garden exhibits and dream about what your yard could look like. Or, if you are thinking of spiffing up or remodeling your home, whether you are planning to move or not, you can explore the many products, services, home furnishings and exhibits at the San Diego Home/Garden Show.

See some gardens from the 2009 San Diego Home/Garden Show

You can also Ask the Experts if you have particular questions about building permits, for example. And there will be a large display of art work. 

The San Diego Home/Garden Show is being held at the Del Mar Fairgrounds in Del Mar California beginning tomorrow, Friday March 5, through Sunday March 7. There is a large list of exhibitors (the list contains links to many of the vendor websites). 

Hours are 11 - 6 on Friday, 10 - 6 on Saturday, and 10 - 5 on Sunday. You can buy tickets on-line - regular admission is $8 but e-tickets are only $6. Admission after 3 PM is $5.

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 If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $76M and $50M), 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 be able to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for January 2010 (the data are believed accurate but are not guaranteed, and do not include private sales). 

Only 7 homes sold in the Del Mar real estate market in January, less than ½ the number sold in December. Here's a summary of the activity: 

Sales volume shifted down significantly over the prior month with a substantial decline in average sale prices (the change for attached is based ONLY on the sale of 1 house). Of the detached home sales 2 were REOs and 2 were Short Sales. 

There were 8 Del Mar homes on the market at the end of January 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. 

More than 3 times as many homes entered the Del Mar real estate market in January as in December, 51 compared to 16. 

There were 138 Del Mar homes for sale at the end of January, 9% more than December, the first increase in 3 months. At the current rate of sales over a 6-month period, this represents an inventory of 8.4 months for detached homes (up from 7.8 last month), and 8 months for attached properties, up from 6 months as of the end of December. 

14 Del Mar homes went pending in January, 2 more than last month. 

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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

READ MORE: 

Del Mar Real Estate - Del Mar Real Estate Market Report for December 2009 

Del Mar Real Estate - Del Mark Real Estate Market Report for November  

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

********************************

     Subscribe in a reader

If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $76M and $50M), 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 to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for December 2009 (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 December, 3 more than in November. Here's a summary of the activity: 

Sales volume shifted up fairly well over the prior month with good increase in prices as well. Part of the shoot up in detached home prices is due to the sale of a $12 million oceanfront home in the Del Mar Beach Colony (BTW one of the detached home sales was a shortie). 

There were 9 Del Mar homes on the market at the end of November with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders). These are included in the overall Active statistics below. 

16 homes entered the Del Mar real estate market in December 2009, 1 more than in October. 

There were 127 Del Mar homes for sale at the end of December 2009, 17% fewer than in November, which had dropped 15% from October. At the current rate of sales over a 6-month period, this represents an inventory of 7.8 months for detached homes (another drop, down from 9.8 month last month), and 6 months for attached properties, another decline of almost 3 months from last month. 

12 Del Mar homes went pending in December, down 6% over last month, although given the holiday this may not be a big surprise. 

As with any statistic, 1 month of numbers are 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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

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

Del Mar Real Estate - Del Mark Real Estate Market Report for November  

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

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     Subscribe in a reader

If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $76M and $50M), 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 to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for November 2009 (the data are believed accurate but are not guaranteed, and do not include private sales).

17 homes sold in the Del Mar real estate market in November, 1 less than in October. Here's a summary of the activity: 

Sales volume shifted down slightly over the prior month with a decline in prices as well (the dramatic shift in the attached homes is due to the sale of 2 low end properties - 1 investor owned, the other a short sale. Last month the average attached home sales price rose significantly due to the sale of a $2.8 million unit)

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

17 homes entered the Del Mar real estate market in November 2009, 3 less than in October. 

There were 153 Del Mar homes for sale at the end of November 2009, 15% fewer than in October. At the current rate of sales over a 6-month period, this represents an inventory of 9.8 months for detached homes (another drop, down from 10.9), and 7.6 months for attached properties, a decline of almost 3 months. 

20 Del Mar homes went pending in November, up almost 50% over last month. 

As with any statistic, 1 month of numbers are 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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

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

Del Mar Real Estate - Del Mar Real Estate Market Report for October 2009

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

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     Subscribe in a reader

If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2009 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits

Del Mar is a small coastal town in North San Diego County with a reputation as one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $76M and $50M), 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 to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for October 2009 (the data are believed accurate but are not guaranteed, and do not include private sales). 

18 homes sold in the Del Mar real estate market in October, down 22% from September. Here's a summary of the activity: 

 Sales volume decreased over the prior month with another upward shift in the average prices of homes across the board. The dramatic rise in average sale price for attached homes was due to the sale of 1 unit for $2.8 million. There was also an $8.5 million detached home which led to another increase in average sales price. 

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

20 homes entered the Del Mar real estate market in October 2009, 57% fewer than in September. 

There were 181 Del Mar homes for sale at the end of October 2009, about the same as last month. At the current rate of sales over a 6-month period, this represents an inventory of 10.9 months for detached homes (down from 12.4 in September), and 10 months for attached properties, almost the same as last month. 

13 Del Mar homes went pending in October (12 of them detached), down 57% from September. 

As with any statistic, 1 month of numbers are 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, however there are some encouraging numbers regarding a more stable inventory with fairly consistent sales. 

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

Del Mar Real Estate - Del Mar Real Estate Market Report for September 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for August 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for July 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for June 2009  

Del Mar Real Estate - Del Mar Real Estate Market Report for May 2009

********************************

Subscribe in a reader

If I can provide more information about Del Mar real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2009 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Del Mar is a small coastal town in North Diego County with a reputation for being one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $76M and $50M), 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 to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for September 2009 (the data are believed accurate but are not guaranteed, and do not include private sales). 

23 homes sold in the Del Mar real estate market in September, almost double the number of sales in August which had increased by 44% over July, encouraging news for a high-end community especially in terms of detached home sales. Here's a summary of the activity: 

Sales volume increased over the prior month with an upward shift in the average price of a detached home, but a decline (due to lower end sales) for attached homes. Of the Del Mar home sales in September, 2 of the detached homes were short sales, and 1 attached home was bank-owned. 

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

35 homes entered the Del Mar real estate market in September 2009, 5 more than in August. 

There were 182 Del Mar homes for sale at the end of September 2009, with no change in inventory from August. At the current rate of sales over a 6-month period, this represents an inventory of 12.6 months for detached homes (down from 14.2 in August which had declined from July), and 9.9 months for attached properties, another decease (from 14.2 months in August which had dropped 5 months from July 2009). 

23 Del Mar homes went pending in September (19 of them detached), 2 more than in August. 

As with any statistic, 1 month of numbers are not a trend, so it is important to watch what is 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, however there are some encouraging numbers regarding the inventory with more sales, along with improved affordability for attached homes. 

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

Del Mar Real Estate Market Report for August 2009 

Del Mar Real Estate Market Report for July 2009

*****************************

Subscribe in a reader

If I can provide more information about Del Mar real estate, or about real estate in surrounding areas, the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2009 Jeff Dowler Carlsbad Homes and Real Estate Tidbits