Del Mar, CA Home Values Trend
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Transcript of Del Mar, CA Home Values Trend
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7/31/2019 Del Mar, CA Home Values Trend
1/2
Brian Ward Appraisal - (888) 844-1733 - www.brianward.com
Annual Home Value Change
Current Home Inventory (30 Days)
Median Marketing Time (30 Days)
Sales Price to List Price Ratio (6 Months)
0-6 Mo. Ago 6-12 Mo. Ago Bi-Annual Change %
Median $/Sqft $508.13 $515.46 -1.4%
Median Sale Price $1,350,000 $1,300,000 3.8%
Median List $/Sqft $531.40 $515.46 3.1%
Median List Price $1,475,000 $1,395,000 5.7%
Median Marketing Times (# of days) 60 68 -11.8%
Total Number of Sales 63 89 -29.2%
Total # Of Active Properties 294 328 -10.4%
Months of Inventory 4.7 3.7 26.6%
Bank/Short Sales (likely) 9 13 -30.8%
Bank/Short Sale Ratio (likely) 14% 15% -2.2%
0-6 Mo. Ago 12-18 Mo. Ago Annual Change %
Median $/Sqft $508.13 $509.63 -0.3%
Median Sale Price $1,350,000 $1,312,500 2.9%
Median List $/Sqft $531.40 $553.57 -4.0%
Median List Price $1,475,000 $1,444,950 2.1%
Median Marketing Times (# of days) 60 81 -25.5%
Total Number of Sales 63 66 -4.5%
Total # Of Active Properties 294 343 -14.3%
Months of Inventory 4.7 5.2 -10.2%
Bank/Short Sales (likely) 9 8 12.5%
Bank/Short Sale Ratio (likely) 14% 12% 17.9%
Other Trends
Recent 30 Day Period Property Ratios in Market Area
Total # Props Listed During Past 30 Days 140 1 Bedroom 0.6%
Total # of Sales Past 30 Days 18 2 Bedroom 6.3%
Total # of Active Props. On Eff Date 106 3 Bedroom 42.9%
New Listings Past 30 Days 28 4 Bedroom 36.8%
Mo. Inventory Based on Past 1 Month 5.9 5+ Bedroom 13.4%
Recent 6 Month Period (0-6 Months) 1 Bath 2.6%
New Listings Past 6 Months 153 1.5 Bath 0.5%
# Props. Listed Past 6 Months That Sold 25 2 Bath 19.1%
% of Props. Listed That Have Sold 16% 2.5 Bedroom 25.0%
3+ Bedroom 52.3%Sale Price Range Last 12 Months
Low Sale Price $570,000
High Sale Price $6,300,000
Predominant Sale Price $870,000Median Sale Price 1,331,000
Low Property Age 0 Years
High Property Age 113 Years
Predominant Property Age 41 Years
Median Age Present 32 Years
Low Property Living Area Size 525 Sqft
High Property Living Area Size 11,319 Sqft
Predominant Living Area Size 2,900 Sqft
One Standard Deviation Low 1,600 Sqft
One Standard Deviation High 4,100 Sqft
Median Living Area Size 3,600 Sqft
Median $/Sqft of Bank/Short Sales $356.70
Median $/Sqft of Traditional Sales $522.28
% Bank/Short Sales Sell For Less 32%
% Traditional Sales Sell For More 46%
Bank/Short Sales Vs. Traditional Sales (12 Month Period)
MARKET CONDITIONS IN DEL MAR, CA AS OF 05/10/2012
Property Living Area Sizes Present (All Properties in Records)
0%/Stable Property Values Trend
6 Mo./Balanced Demand / Supply
28.5 days / .9 Mo.
Key Statistics
Period Comparisons
Property Ages Present (All Properties in Records)
95.6%
Brian Ward Appraisal - (888) 844-1733 - www.brianward.com
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7/31/2019 Del Mar, CA Home Values Trend
2/2
Brian Ward Appraisal - (888) 844-1733 - www.brianward.com
$53.00
$253.00
$453.00
$653.00
$853.00
$1,053.00
$1,253.00
$1,453.00
$1,653.00
$1,853.00
10/23/2010 1/31/2011 5/11/2011 8/19/2011 11/27/2011 3/6/2012
18 Month List and Sale $/Sqft Trend
Sale $/Sqft
List $/Sqft
Poly. (Sale $/Sqft)
Poly. (List $/Sqft)
$648.22
$473.82
$533.67
$447.01 $460.56
$510.22
$686.68
$493.72
$565.48
$479.89$481.44
$564.62
$378.35
$428.35
$478.35
$528.35
$578.35
$628.35
$678.35
11/2010 to
02/2011
02/2011 to
05/2011
05/2011 to
08/2011
08/2011 to
11/2011
11/2011 to
02/2012
02/2012 to
05/2012
Listing & Sale $/Sqft Change Over Past 18 Months
Median Sale $/Sqft
Median List $/Sqft
10.1%
20.2%
21.1% 19.7%
11.5%
17.4%
8.1%
10.1%
12.1%
14.1%
16.1%
18.1%
20.1%
22.1%
11/2010 to
02/2011
02/2011 to
05/2011
05/2011 to
08/2011
08/2011 to
11/2011
11/2011 to
02/2012
02/2012 to
05/2012
Ratio of Total Sales over 18 Months
% of Total Sales
Brian Ward Appraisal - (888) 844-1733 - www.brianward.com
