Real Estate Market reporting sales and closing statistics through 3 March 2009: the average sales price in Del Mar is 1,610,000. The average days on the market for the same time period, 95 days. Prices are stabilizing. Comparing prices from 2008 for the same first quarter, the average is only down 5%. I will continue to track these numbers every month. Let it be said that our Del Mar home values are supported by the beautiful area we occupy. Our coveted, limited space washed by the Pacific helps to insulate our values.
Data Source: Sandicor, Inc.