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This Week
Real-Time Market Profile Trend
Median List Price $ 1,875,000 ±+
Asking Price Per Square Foot $ 619 ±+
The median list price in DEL MAR, CA this week is $1,875,000. Average Days on Market (DOM) 249 ≠≠
Percent of Properties with Price Decrease 31 %
Percent Relisted (reset DOM) 8%
Demand measured by the Market Action Index is increasing and
days-on-market is trending downward. Even as more properties Percent Flip (price increased) 4%
come available, these are positive trends for the market. Median House Size (sq ft) 2960
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.5
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, the as 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 The market seems to have paused around this plateau. The
Market Action Index is a good leading indicator for the durability
of this trend.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 2,495,000 2933 acre 4.0 3.5 19 31 0 0 263 Upper-middle 25% of properties
6,501 -
Lower/Third $ 1,637,000 3210 8,000 sqft 4.0 3.2 31 32 3 1 270 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 1,249,000 2518 8,000 sqft 4.0 2.5 38 32 2 5 175 Least expensive 25% of properties
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