Is Del Mar, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Del Mar has remained a Seller's Market.
Housing Prices in Del Mar, CA
How much do homes in Del Mar, CA cost?
Median Sold Price
$2,380,000
$1,190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Del Mar was $2,380,000 in April 2024, down 13.5% from last year, and the median price per square foot was $1,190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.5M | $1.5M | +1.8% |
2 Bedrooms | $1.4M | $1.5M | +5.9% |
3 Bedrooms | $2.2M | $2.3M | +4.4% |
4 Bedrooms | $3.9M | $4.0M | +2.6% |
5+ Bedrooms | $6.7M | $3.3M | -51.1% |
Summary: Del Mar housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 51.1%.
Median Sold Price Compared To Nearby Cities
Solana Beach | $1.7M | $1.9M | +11.2% |
San Diego | $850.2K | $914.8K | +7.6% |
Del Mar | $2.7M | $2.3M | -13.5% |
Housing Supply in Del Mar, CA
How many homes are available in Del Mar, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 70 | +12.9% |
Summary: The Del Mar real estate market had 70 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Del Mar housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Del Mar in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Del Mar, CA
How long does it take to sell a home in Del Mar, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 13 Days | -38.3% |
Summary: Homes in Del Mar had an average of 13 days on market in Apr 2024, down by 38.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Del Mar; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.