Thursday, January 31, 2013

Del Mar, CA 92014 Home Values are Increasing

Del Mar, CA Real Estate Appraiser
In Del Mar, CA 92014, and as of the 12 month period ending 01/23/2013, single family residence sale prices ranged from $740,000 to $9,000,000, with a median of $1,272,500. The median $/Sqft changed 7.1% over the past year indicating an 'increasing' property values trend. There are currently 3.44 months of housing inventory indicating a demand/supply trend of 'balanced'. The median market exposure time over the past 90 days was 55 days. Based on recent-past market exposure times, I anticipate that the typical/median marketing time will be under 3 months over the coming 90 days.
Zip Code Description:
In Del Mar, CA 92014, there is a mix of property types, with most being residential, schools, parks, recreation, or commercial. While a wider range of living areas are present, most properties range in living area size from 1,635 Sqft to 4,034 Sqft, with the most common being approximately 2,500 Sqft. Most properties range in year built from 1962 to 1998 with the most common year built being 1980. Views are present in the neighborhood and Realtors report that 85% of all properties have them. The views include: bay, city, evening lights, golf course, greenbelt, lagoon/estuary, lake/river, mountain/hills, ocean, and panoramic. Public and private services, conveniences, and employment are typical of population centers throughout the county.
Brian Ward
Del Mar, CA 92014 Real Estate Appraiser
(619) 630-9273
Estates, Trusts, Date of Death, Probate, Divorce / Marriage Dissolution, Bankruptcy, Bonds, and much more. Please call for a no pressure discussion from a trusted and experienced California real esate appraiser.