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Del Mar Real Estate Market Update

This Can Be the Best Time to Invest in your Own Luxury Home

 

The California's total home sales, including all price levels significantly increased from 393,703 (2008) to 460,166 (2009).

DataQuick's President John Walsh said that the traditional million-dollar markets are holding up relatively well, while expensive markets that emerged four or five years are not. Last year, there were 332 sales for more than $5 million and the rest were 83 percent between $1 million and $2 million statewide.

About 1,900 homes sold statewide in 2009 for less than $1 million had previously sold for $1 million or more. April 2006 was the median date for the prior sale; the median price decline between the 2009 sale and the previously $1 million-plus sales were about $420,000.

The largest million-dollar home sold last year was a 22,721 square foot, 9 bedrooms, and 10 bathrooms Bell Air house built in 2008, which went for $26,500,000 in July.

Dataquick reported that the median-sized million-dollar home was 2,646 square ft., with 4 bedrooms and 3 bathrooms. $605 was the median price paid per square foot for all million-dollar homes. It was lower from a revised $672 last 2008. The square-foot median decreased 20.7 percent from $188 to $149 in the overall market last year.

In the 92014 zip code in Del Mar Real Estate re-sales, there were 129 single family homes sold in the median price of $1,250,000, while there were 57 condominiums sold in the median price of $710,000. There was one new home sold and the median price is 835,000. Therefore, the numbers of homes sold in this area were 187 with the median price of $1, 072,500. Despite the recession, there was only 10.6 percent decline in all home sales last year.

Of those 8.52 million homes in California, 241,745 are assessed for more than a million dollars by county assessor offices, down 5.2 percent from 254, 745 in 2008.

The prices of homes are much lower now. This can be the best time to invest in your own luxury home!

 

 

For more information on Oceanfront Del Mar Homes for Sale, contact:

Maxine & Marti Gellens
1299 Prospect Street,
Suite 303
La Jolla, CA 92037
Tel: 858-551-6630

 

 

 



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Posted on February 27, 2010 17:58:45 by Maxine and Marti Gellens
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European Oceanfront Del Mar Home for Sale - $2,998,000

Oceanfront Del Mar European-style Luxury Home

European Oceanfront Del Mar Home for Sale

A breathtaking European Oceanfront Del Mar Home listed at $2,988,000 exhibit an old World ambiance while offering the modern amenities. The functional floor plan consists of 4 bedrooms, 4.5 baths, a family/media room, full bar, 6 fireplaces, and an awesome chef's kitchen. Relax at peaceful courtyards, 5 balconies, and a huge rooftop deck with views of the Hotel Del and Downtown San Diego.

This Oceanfront Del Mar Luxury Home is gated with a beautiful iron gates that open onto a lushly landscaped courtyard featuring a 15th century limestone entryway and reclaimed terra cotta flooring from Spain. A masterpiece that is meticulously designed to the most exacting specifications!

The overwhelming interior appointments include Brazilian slate and solid walnut flooring, intricate wrought iron detailing, 14th century French cathedral alabaster fireplace trim, custom doors and windows, and an extensive use of natural stones.

Click Here: Search All Oceanfront Del Mar Homes for Sale! 

The one bedroom suite is situated on the entry level, and a unique sleeping loft is in the children's bedroom. There is a romantic master retreat in the upper level with high vaulted ceilings, 2 walk-in closets, and an extraordinary bath with a spa tub, bidet, and an oversized steam shower.

Welcome to the enchanting world of Oceanfront Del Mar Real Estate

 

For more information on Oceanfront Del Mar Homes for Sale, contact:

Maxine & Marti Gellens
1299 Prospect Street,
Suite 303
La Jolla, CA 92037
Tel: 858-551-6630



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Posted on February 26, 2010 17:18:11 by Maxine and Marti Gellens
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Oceanfront Del Mar Real Estate Market Update - January 2010

Market Update in 92104 Zip Code

What is currently happening in the Del Mar Real Estate market?

There are currently 101 numbers of Active listings of Residential homes, which is lower than 107 total listings in January 2009. The average price is $194,131 that is $291,094 lower a year earlier. On the other hand, there are $437,000 and $429,000 median price listings from January 2009 to January 2010.

A year earlier, there were 9 new listings of residential homes in San Diego, which increased to 32 at the first month of this year. There was relatively a decreased in the new listings average and median price from last year up to January 2010. From $462,770, the average listing price decreased to $183,986 together with the median listing price from $437,000 to $199,000.

Click Here: Search All Oceanfront Del Mar Homes for Sale!

There were 8 homes sold in January 2010 and only 5 a year earlier. In 2009, average listing price was $425,780 which has $424,480 average selling price, while the median listing price was $515,000 with the median selling price of $507,500. This is definitely higher than the January 2010 sold listing prices. With an average price of $239,213, the average selling price was only $236,313, which has the median listing price of $468,900 and median selling price paid for $483,000.

 

Be one of the satisfied Oceanfront Del Mar Homeowners now!

Oceanfront Del Mar Real Estate is indeed a beautiful place and an interesting market today. The climate remains wonderful all the year, with average temperature ranging between 64 and 78 degrees. The magnificent community of Del Mar features panoramic views of the ocean and luxurious architectural designs. The marvelous downtown area is infused with elegant shops and restaurants.

 

 

For more information on Oceanfront Del Mar Homes for Sale, contact:

Maxine & Marti Gellens
1299 Prospect Street,
Suite 303
La Jolla, CA 92037
Tel: 858-551-6630

 



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Posted on February 25, 2010 18:28:44 by Maxine and Marti Gellens
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The Spanish Beauty of Del Mar Real Estate listed at $1,900,000

Stunning Single-level Spanish Villa

The Spanish Beauty of Del Mar Real Estate listed at $1,900,000

 

This magnificent Del Mar Real Estate Property is beautifully remodeled in 2008. It features mountain and canyon views, a large 17,000 plus square feet lot, and unique interior appointments throughout. Its open floor plan is composed of 4 bedrooms, 3.5 baths and an optional BR, smooth stucco walls, imported Canterra stone flooring, a hand distressed maple wood flooring in the bedrooms, 4 fireplaces, gorgeous mesquite gates and vintage wood beams all over the house. There is an expansive deck with a spa which leads to a spacious lower yard.

 

With a beautiful cook's kitchen, this Spanish beauty of Del Mar Real Estate boasts granite countertops and breakfast bar, a pantry, stainless appliances including of commercial range and a river wash black granite island.

 

The lovable master retreat offers a gorgeous hand-distressed maple flooring, large number of windows, and a luxurious bath with skylights, a walk-in closet and crema marfil flooring. The dining area has French doors which open to a spacious deck with handcrafted imported tiles, a bubbling fountain, an outdoor fireplace, a spa, and stairs leading to a generous lower level yard.

 

An Oceanfront Del Mar Home for Sale with stunning amenities like two zones of central forced heating & air conditioning, new plumbing & electrical, custom designed light fixtures, a security system, central vacuum system, surround sound system with individual room controls, and many more!

 

Click Here: View all information about this Del Mar Real Estate Property!

 

 

For more information on this Del Mar Luxury Home contact:

Maxine & Marti Gellens
1299 Prospect Street,
Suite 303
La Jolla, CA 92037
Tel: 858-551-6630             

 

 



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Posted on February 25, 2010 14:04:50 by Maxine and Marti Gellens
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Oceanfront Del Mar Remodeled Contemporary Home for Sale - $1,490,000

Oceanfront Del Mar Remodeled Single Family Home

 

Oceanfront Del Mar Remodeled Contemporary Home for Sale - $1,490,000This is an Oceanfront Del Mar Home for Sale that is located on over ½ acre; a remodeled contemporary home boasts whitewater, ocean and race track views! The bright open floor plan consists of 3 bedrooms plus an office/game room/optional fourth bedroom, travertine flooring, custom cabinetry, extensive custom lighting and large view decks.  

 

An Oceanfront Del Mar Real Estate Property with an incomparable living room which boasts a fireplace and an impressive floor-to-ceiling paneled sliding glass door that opens onto a generous view deck. Its gorgeous kitchen provides a plentiful of custom bird's eye maple cabinetry, granite slab countertops, stainless steel appliances, and is adjacent to the family room.

 

There is a spiral staircase which will leads to a versatile view room on the upper level. It can be your perfect office, playroom, or fourth bedroom.

 

And on the lower level, you will find two secondary bedrooms and the master bedroom. The master suite has a huge closet space, a luxurious bath, and a romantic sitting area which opens into a peaceful garden patio.

 

Click Here: Search All Oceanfront Del Mar Homes for Sale!

 

This elegant property is a square footage per owner and the buyer will have to verify the square footage before the opening escrow. Live now in one of the finest subdivisions here at Del Mar where you can find your own dream Oceanfront Del Mar Luxury Home!

 

For more information on this Del Mar Luxury Home contact:

Maxine & Marti Gellens
1299 Prospect Street,
Suite 303
La Jolla, CA 92037
Tel: 858-551-6630             

 

 



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Posted on February 24, 2010 13:46:37 by Maxine and Marti Gellens