Del Mar California
|
|
This is an overview of the Del Mar California real estate market. It is intended as a resource for investors and other home buyers when researching Del Mar homes for sale.
The information is compiled from many sources, and will be updated every 3 months, however, some of the sources drawn from may be a few years older.
Last updated 3/15/2010.
OVERVIEW
Del Mar is located in San Diego County in Southern California. The area code is 858 and the zip code is 2014. The population is around 4000 and the area covers a mere 1.71 square miles.
Compared to the rest of California, Del Mar has more expensive homes, and older and more educated residents.
Click here for more info on Del Mar California.
MEDIAN HOME PRICE
The median value according to Zillow is $1,175,000 and the median sale price according to Cyberhomes is $2865,000.
PROPERTY TAXES
The median property taxes for houses with a mortgage are around $3879.
RENTS
The median gross rent is $1912, with a 7% vacancy rate.
RENTERS VS. HOMEOWNERS
Around 38% are renters and 17% of homes are vacant.
MEDIAN INCOME
The median household income is $137,000.
THE HOUSES
Most of Del Mar California real estate was built in the 1970's, with the next largest group being built in the 1950's. The third largest group was built in the 1960's.
JOBS
The most common 3 occupations include professional, management & financial, and sales & office.
There was 10.83% unemployment as of February 2010.
COMMUTING
The average time for commuters to get to work is 24 minutes. Approximately 11% work from home.
THE PEOPLE
Ethnic makeup in this area is mostly white non-hispanic at 94%. Of the 14% foreign born residents, most are from Germany, the UK and Canada.
EDUCATION
72% have a bachelor's degree or higher, while 37% have a graduate or professional degree.
THE WEATHER
Temperatures range from 91 in summer to 40 degrees Fahrenheit in winter. There are usually 38 days of precipitation and you can expect about 263 sunny days per year. Rainfall is 9 inches annually.
DISCLAIMER: All information is obtained amd combined from multiple sources but we cannot guarantee their accuracy.
Back from the Del Mar California Real Estate page to the Homes For Sale Southern California Real Estate page.
Return to the Coastal California Real Estate home page.
