Is Del Mar, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Del Mar is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Del Mar was a Neutral Market.

Key Takeaway

Del Mar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Del Mar, CA cost?

Median Sold Price

$4,225,000

$1,971/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$1,360,000(+47.5%)

Key Takeaway

Homes in Del Mar have sold for 47.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $1.2M$2.1M
+65.6%
2 $1.2M$1.3M
+8.1%
3 $3.2M$4.3M
+32.3%
4 $3.1M$5.4M
+70.8%
5+ $8.7M$8.1M
-6.6%

Median Sold Price Compared To Nearby Cities

Del Mar
+47.5%
Solana Beach
+21.7%
San Diego
+14.8%

How many homes are available in Del Mar, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
19190.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 10
-100.0%
3 46
+50.0%
4 66
0.0%
5+ 87
-12.5%

Number of Homes Sold

Oct 2022Nov 2022%
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del Mar, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
12 Days50 Days+305.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Del Mar has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Del Mar, CA

Homes for sale in Del Mar, CA have reached 19. In November 2022 median list price was $4,225,000 and the average listing age was 50 days. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 65.6%, 2 bedrooms properties became 8.1% more expensive, prices of 3 bedrooms properties went up by 32.3%, prices of 4 bedrooms properties went up by 70.8%, prices of 5 bedrooms properties went down by 6.6%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 100%, 3 bedrooms homes became 50% more available, 4 bedrooms homes did not move, volume of 5 bedrooms homes went down by 12.5%. While more than 0 listings in Del Mar, CA in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

Related Housing Market Reports