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This Week
Real-Time Market Profile Trend
Median List Price $ 1,790,000 ±+
Asking Price Per Square Foot $ 653 ±+
The median list price in DEL MAR, CA 92014 this week is Average Days on Market (DOM) 206 ≠≠
$1,790,000.
Percent of Properties with Price Decrease 33 %
Percent Relisted (reset DOM) 13 %
Inventory is tightening and days-on-market is falling. The Market
Action Index shows demand heating up. These are relatively bullish Percent Flip (price increased) 3%
signs for prices. Median House Size (sq ft) 2796
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.0
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, as the supply and demand = Slight upward trend ≠ Slight downward trend
trends continue, the market moves into the Seller's zone, and we are
likely to see upward pressure on pricing.
Price
Market Action Index We continue to see prices in this zip code bouncing around this
plateau. Look for a persistent up-shift in the Market Action Index
before we see prices move from these levels.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 2,295,000 2800 acre 4.0 4.0 25 33 1 1 197 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 1,595,000 3022 acre 4.0 3.0 30 33 0 1 182 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 1,125,000 2496 10,000 sqft 3.0 3.0 34 33 2 4 181 Least expensive 25% of properties
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