Typically, the average price of a
Del Mar home stays at around 1.8 to 2.2 million dollars, and July of 2008 is no exception. The
average in July was approximately 2.2 million dollars, with about 10 units being sold for the month. The median price fell in
July compared to the month before. In June, the median price was around 2 million dollars and fell to nearly 1.5 million dollars in
July.
Del Mar condos are actually up from the beginning of 2008 and compared to the average price of a condo at the beginning of 2007 average
prices appear, at first glance, to have never changed. For both June and July of 2008, the average price of a
condo in Del Mar was
just over 1.1 million dollars. The average price hit its lowest mark in the last six months of 2007, where it remained at around $700,000 and
then at the beginning of 2008, the prices steadily increased.
Del Mar is not really big enough to have a large number of condos selling every month. The highest number of units sold in a month took place
in 2007, where they peaked at around 7 units sold for the month. Last month, there were only 2 condos sold in Del Mar for the
entire month.
The median price for a
condo in Del Mar is down from the beginning of 2007, but is up from the beginning of 2008. The median price
is right at a million dollars, as of now, and was at $900,000 in January of 2008.
Make sure to search
Del Mar HOMES -
Del Mar CONDOS
Updated Daily!!
|
