Thursday, June 3, 2010

Home Sales in Del Mar May 2010

Let's look back and see how many homes sold in Del Mar in May 2010.

A total of 15 homes changed owners. 
The least expensive home sold for 325,000, 2 bed / 2 bath condo
The most expensive home sold for 3,193,000, 4 bed / 6 bath, over 6400 square feet. 
The average sales price in Del Mar was 1,196,500.
A total of 7 attached homes and 8 detached homes sold. 

Compared to other cities, it is still slow! 

SEARCH FOR Properties in DEL MAR!

It also shows, that most homes sold under list price, so it is still a buyers market. Probably the best time to buy, seller's are still taking a lower offer, not like in other markets in North County, where properties 
sometimes get up to 30 offers. 

Do you want specific data, we will get it to you, just send us an email,, or call 760 805 9336. 

You are thinking about buying or selling in Del Mar, we are always happy to help! 

Enjoy your week!

Posted via web from Del Mar Homes

Wednesday, June 2, 2010

Stocks rise after pending home sales top forecasts - Yahoo! Finance

Pending Home Sales and Stocks Rising

"Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

The upbeat report on home sales provided some hope on the nation's housing market. An increase in signed contracts for homes was due partly to a rush to meet a tax credit that expired in April. The National Association of Realtors said its index the measures the number of contracts on existing homes rose 6 percent in April. The increase was ahead of the estimates of economists polled by Thomson Reuters."

Posted via web from Rancho Santa Fe Homes