Search homes for sale in Del Mar, famous for its beautiful dog-friendly beaches, hiking trails, scenic views, and the many shops and dining opportunities.
Del Mar, CA Real Estate Market Overview
The market saw a significant decrease in the median sale price to $1.85M, down 42.6% from last year, and the sale price per square foot dropped to $1.4K, a 36.2% decrease. Homes are selling for 5.5% under the list price, with an average of 42 days on the market. The average down payment was 38.5%, and a total of 4 homes were sold.
The Del Mar housing market shows moderate competition, with homes typically selling within 42 days. Properties often receive multiple offers, with the general selling price being around 6% below the asking price and transactions concluding roughly within the same timeframe. Notably, highly sought-after homes can achieve selling prices close to the listing price and may only take about 12 days to go under contract.
Yes, Del Mar, CA, is considered a desirable place to live due to its beautiful beaches, high-quality living standards, and vibrant community. The area is known for its scenic coastal views, outdoor activities, and a strong sense of local community, making it attractive for both families and individuals seeking a balanced lifestyle with access to nature and urban conveniences.
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