Carlsbad Real Estate News and Views: What’s My Del Mar Home Worth? Del Mar Real Estate Market in May 2019

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What’s My Del Mar Home Worth? Del Mar Real Estate Market in May 2019

What’s the Value of My Del Mar Home?

Del Mar Real Estate Market in May 2019


Del Mar Beach ColonyDel Mar, a small coastal town in North San Diego County, is one of our more expensive communities. Del Mar so far holds the record for the most expensive property sold publicly in the MLS (at about $48,000,000). 


Up to date information on the local Del Mar housing market helps buyers and sellers make informed decisions about Del Mar homes for sale. These statistics were obtained from the MLS for Del Mar for May 2019 (the data are believed accurate at the time this report was written, but are not guaranteed, and do not include private/non-MLS sales). 



Del Mar – Affluent Seaside Town (A Community Profile)


29 homes sold in Del Mar in May 2019, up 2% from last month. Here's a summary of what happened:


Detached Homes Sold
21 (up 50%), 50 Days on Market, Average Sales Price $1,947,095 (down 47%), Average sale 94% of original asking price


Attached Homes Sold
8 (no change), 82 Days on Market, Average Sales Price $1,020,250 (up 2%), Average sale 97% of original asking price


Overall sales for May rose significantly from last month due to the increase in detached home sales. Average sale prices decreased dramatically for detached homes, no doubt due to the sale of 6 homes over $3M (with 1 at $9.45M) last month that had raised the average substantially compared to May sales. The average sales price for attached homes rose modestly. Average marketing time decreased for detached homes but was significantly higher for attached homes.


Enjoy Opening Day at the Del Mar Races


The median price for detached homes decreased to $1,785,000 (down 31%), but rose to $1,098,500 (up 10%) for attached home sales in May compared to last month.


Buyers were able to negotiate, on average, 3 - 6% off the original list price in their home purchases; 1 buyer paid full price and 1 paid over asking for their homes (both detached single family homes). 24% of the sales were cash transactions, compared to 41% in April.


Del Mar condos near the beach


In May there were no Del Mar homes on the market with a Contingent status (i.e., when they happen these are often, but not always, homes with offers being reviewed by short sale and REO lenders, but some are first right of refusals).


There were 5 fewer new listings in May than last month, down 8% to 31. The number of Del Mar homes going pending (excluding homes that sold) also dropped to 16 pendings, down 24%!


There were 92 Del Mar homes for sale at the end of May, a decrease by 5% from last month, the 3rd decrease, but still well above the inventory at the beginning of the year. At the current rate of sales over a 3-month period, this represents an inventory of 4 months for detached homes (down from 5.4 months last month), and 2.9 months for attached properties, down from 4.8 months last month; the Del Mar housing market is a seller’s market for detached homes, and is now a strong seller’s market for attached homes.


As with any statistic, 1 month does not establish a trend, so it’s important to watch the Del Mar housing market over a period of time, especially as things are shifting. One should not draw any firm conclusions regarding pricing, or other trends, because of the extremes in sales prices of Del Mar properties, as well as the overall modest number of home sales this month.


Please give me a call at (760) 830-1360 with any questions. I’m happy to discuss your housing needs, lifestyle, and budget, then create a plan with you to purchase your new Del Mar home in 2019, and/or provide the necessary market and equity information and market preparation guidance to help you sell your Del Mar home.





What’s my Del Mar Home Worth? Del Mar Real Estate Market Report April 2019


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If I can provide more information about homes for sale in Carlsbad and in surrounding areas, local housing market conditions, or assist you, friends or family in a purchase or sale, please call or text me at (760) 840-1360, or email me at



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Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and  Greater San Diego

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Comment balloon 9 commentsJeff Dowler, CRS • June 14 2019 10:08PM


Thanks for the update, all the best to you as you get many of these properties listed and sold.


Posted by Sally Crane, Woodland appraisal support. (WMS) 12 months ago

Good morning Jeff. California real estate continues to amaze me with its pricing. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 12 months ago

Good morning Jeff - your market reports help people understand how to match their wish lists with their budgets.  He have a good variety.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 12 months ago

Jeff I just wanted to stop by and wish you a very happy and enjoyable Father's Day!!!

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 11 months ago

Jeff, Del Mar is such a nice beach community. I love the area and lifestyle it has to offer.

Posted by Steven Nickens, R(S)GRI ABR, Maui Real Estate Hawaii (Elite Pacific Properties Maui) 11 months ago

I would always be happy to sell properties in Del Mar Sally Crane ! Thanks for stopping by.


Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 11 months ago

Especially in SOME communities Wayne Martin . Right?

Hi Grant Schneider  - I think they ARE important for consumers to read and understand.


Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 11 months ago

Hi George Souto 

Thank you so much! I am still catching up from the weekend - 2 of the grandkids were here (and still are) so it's been mostly family time.

Hope you had a wonderful Father's Day yourself!!


Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 11 months ago

Thanks for stopping by Steven Nickens  Del Mar is, indeed, a special place.

Hope all is well on Maui!


Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 11 months ago