Del Mar CA Real Real Estate Market Snapshot (August-2011)

Del Mar CA Real Real Estate Market Snapshot  (August-2011)

The Del Mar housing market posted some great numbers for the month of July. Single family home sales were up by 200% compared to July of 2010 and the sales price was up 67% compared to July of 2010. The key metrics below will provide some insight into the Del Mar single family home, condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:                        

Del Mar Single Family Homes

• August, 2011: Del Mar Homes for Sale: 160 (Active, contingent, and pending)
• August, 2011: Del Mar Months of Inventory: 15.2
• July, 2011: Del Mar Median Home Price $1,725,000; 67% higher July, 2010
• July, 2011: Del Mar Homes Sold: 15; 200% higher than July, 2010

Del Mar Condos and Townhomes

• August, 2011: Del Mar Condos for Sale: 44 (Active, contingent, and pending)
• August, 2011: Del Mar Months of Inventory (Condos): 10.6
• July, 2011: Del Mar Median Condo Price: $528,000; 111% higher than July, 2010
• July, 2011: Del Mar Condos Sold: 6; 14% lower than July, 2010

This snapshot is a quick summary from The North county Real Estate Report, a free 34 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issues and subscribe to both The North County Real Estate Report and The San Diego 2-4 Unit Real Estate Report any time.

Thank you for your patronage!

Stephen MacLeod
Del Mar Realtor®
Highland Realty