Del Mar Real Estate Market Report
Executive Summary
Carlos EscabaLocal expert · Del MarThe Del Mar, CA real estate market is currently classified as a buyer's market. The median asking price is $75K, up 36.4% over the past 30 days.
There are currently 111 active listings, representing 6.5 months of inventory. 50 properties have sold in the past 90 days at a median sold price of $3.3M. Inventory has increased 44.2% compared to last month.
Currently, listings spend an average of 49 days on market and the average price per square foot is $685.
Detached properties make up the largest share of the Del Mar market at 78% of active listings with an average price of $2.8M. Condo listings follow at 9% (avg $673K).
Sales Activity & Absorption
Volume
Market Signals
Greater San Diego Association of REALTORS® reported 14 sales this period, 34 new listings appeared in the past month, 13 sellers reduced their asking price.
Greater San Diego Association of REALTORS® Monthly Report
Source: Greater San Diego Association of REALTORS®, July 2026
Market Balance
Months of Inventory
Demand significantly outpaces new supply — expect competitive offers.
With 6.5 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
This is currently a buyer's market with more negotiating power for purchasers. The Del Mar market currently has 111 active listings with a median price of $75K and 6.5 months of inventory.
- High inventory (6.5 months) favors buyers
- Prices rising (36.4% in 30 days)
- Low sell-through rate (35%)
- Slow-moving market (49 avg days on market)
- Average price per square foot is $685
- Sold properties averaged 59 days on market
Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Carlos Escaba with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.