Del Mar Market Report

Del Mar is one of the smallest markets we track, a seaside city of a few thousand residents where only a few homes close in a typical month. A single condo or a single estate can swing the median sharply. Here is what September's closed sales tell us.

Each month, we review the latest closed sales for Del Mar and explain what those numbers mean for buyers and sellers. A citywide median is a starting point, not the whole story. Recent sales of homes like yours give the more specific picture, and we're always glad to pull them.

A contemporary glass home on a coastal bluff overlooking the ocean

Del Mar · Detached + Attached Homes

October 2026 Market Update

Based on September 2026 closed sales · Published October 2026

Team Ratcliffe's Take

A one-month drop to $1,800,000 that says more about which homes sold than about values.

The September median was $1,800,000, down 27.9% from $2,495,000 a year ago and down from $3,635,000 in August. We read this as a swing in the mix of sales, not a change in what Del Mar homes are worth.

September 2026 Closed Sales

Median Sales Price

Del Mar · Detached and attached homes combined

September Median Price

$1,800,000

↓ 27.9% vs. September 2025

Change From August

↓ 50.5%

August median $3,635,000

12-Month High

$3,635,000

August 2026

12-Month Low

$1,800,000

September 2026

2026 Average to Date

about $2,774,000

↑ 10.2% vs. same months of 2025

September 2025

$2,495,000

Same month last year

Since September 2021

↓ 12.9%

From $2,067,500

Highest Since 2021

$4,160,000

August 2023

September was the lowest month of the past year. Every other month in 2026 landed between $2.3 million and $3.64 million, and August's $3,635,000 was one of the highest months in this data.

Across the first nine months of 2026 the monthly median averages about $2,774,000, up 10.2% from the same months of 2025. That year-to-date figure is a better read on Del Mar than any single month.

For Buyers

Don't read September as a price drop. In a market this small, ask for recent sales of homes like the one you want, by size, location and ocean view.

For Sellers

One low month does not change what your home is worth, but buyers do see these numbers. Be ready to show them the recent sales that support your price.

Sandstone bluffs and a lifeguard tower above a quiet beach at sunset

Since 2021

Price Trend

$1M $1.5M $2M $2.5M $3M $3.5M $4M $4.5M 2021 2022 2023 2024 2025 2026 September 2021: $2,067,500 September 2022: $2,947,500 September 2023: $2,929,000 September 2024: $3,059,000 September 2025: $2,495,000 September 2026: $1,800,000 $1,800,000
Monthly median sales price in Del Mar, January 2021 to September 2026. Gold circles mark each September; the filled circle is September 2026. Swipe right for earlier years.

Looking Ahead

Next update: November 2026

Each month's report covers the month before it, because closed sales take a few weeks to be recorded. The November 2026 update will cover October's closed sales and show how Del Mar heads into the slower holiday stretch.


Have a Question About Your Home?

Find out where your home fits.

A median covers every kind of home in Del Mar at once. If you'd like to see the recent sales that apply to your home, or to a home you're thinking about buying, we're glad to pull them for you.

Pamela Ratcliffe · Team Ratcliffe · Coldwell Banker West
DRE #01152227 · 619.981.5606 · pam@teamratcliffe.com

Contact Team Ratcliffe

Data source: California Regional Multiple Listing Service, Inc. (CRMLS) via InfoSparks, © 2026 ShowingTime Plus, LLC. This October 2026 report is based on September 2026 closed sales, pulled October 29, 2026 for Del Mar, property type Residential, so detached and attached homes are counted together. Median sales price is based on closed sales. The year-to-date average is a simple average of monthly medians, not the median of every sale. Monthly medians can move sharply when few homes sell. This report is provided for information only and is not financial, legal or tax advice. Each office is independently owned and operated. Equal Housing Opportunity.