Del Mar Real Estate Market Update: Detached Homes (July 2024 vs. July 2025)
By Beth Davidson, Luxury Coast Group Barry Estates
The Del Mar real estate market has seen dramatic changes in the past year, especially when it comes to detached homes. From shifting sales activity to price adjustments, understanding these changes is essential whether you’re thinking about buying in Del Mar or selling in Del Mar in 2025.
Detached Homes: Year-Over-Year Market Changes
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New Listings: Increased from 13 in July 2024 to 18 in July 2025 — a 38.5% jump.
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Pending Sales: Fell from 15 to 10, a 33% decrease.
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Closed Sales: Dropped sharply from 14 to only 3 — a 78.6% decline.
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Days on Market: Homes took nearly twice as long to sell, rising from 25 to 49 days (+96%).
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Median Sales Price: Declined from $3.5M to $2.35M, a 32.9% decrease.
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Average Sales Price: Fell nearly 47.5%, from $4.45M to $2.33M.
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Inventory of Homes for Sale: Slightly decreased from 51 to 47 (-7.8%), though months of supply stayed steady at 5.6 to 5.7.
These numbers show a clear trend: buyers now have more leverage, while sellers must adjust strategies to stay competitive.
What This Means for Buyers
For those buying a home in Del Mar, the current market offers unique opportunities:
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More Negotiating Power: With homes sitting longer and sales volume down, buyers can negotiate more favorable terms.
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Lower Prices: The significant decline in both median and average sales prices has opened the door for buyers who may have been priced out last year.
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Less Competition: With pending and closed sales down, buyers have more options and less pressure to act immediately.
What This Means for Sellers
If you’re selling in Del Mar in 2025, success comes down to strategy:
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Price Realistically: Today’s buyers are savvy, and overpriced homes risk extended time on the market. The longer a home lingers on the market, the higher the buyer perception is that something is wrong with the property.
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Strong Marketing is Critical: With homes taking longer to sell, presentation and digital exposure make a huge difference. In California’s market, pricing a home correctly from the beginning usually maximizes exposure, creates competition, and leads to stronger offers.
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Qualified Buyers Are Still Active: Well-priced homes in desirable locations are still selling — sellers just need to align with market realities.
Beth Davidson: Your Trusted Del Mar Resource
As a longtime local and an experienced Realtor specializing in Del Mar real estate, I’ve guided clients through shifting markets time and time again. This year’s changes are significant, but with the right strategy, both buyers and sellers can achieve their goals.
If you’re considering a move — whether it’s buying in Del Mar or selling in Del Mar in 2025 — I’d love to be your trusted resource. My in-depth knowledge of the Del Mar home market ensures you’ll have the insight and guidance you need to make confident decisions.
Recognized as Part of San Diego’s #1 Real Estate Team
I’m proud to share that I am a part of Luxury Coast Group – Barry Estates, which was ranked the #1 Residential Real Estate Team (6–10 agents) in San Diego County for 2024 by the San Diego Business Journal. With over $209 million in sales volume and 53 homes sold in 2024, our team continues to set the standard for excellence in Del Mar, Rancho Santa Fe, and across North County.
Being part of this award-winning team means my clients benefit from unmatched market knowledge, cutting-edge marketing, and the strength of a top-performing group that consistently delivers results.
👉 Ready to talk about your options? Contact me today to discuss how these market shifts impact your next move in Del Mar.
Beth Davidson
cell: (619) 886-4907
CA DRE #02092936
