Del Mar CA
Also known as Of the Sea
Just thirty minutes north of San Diego on the Southern California coastline sits the quaint and charming, quintessential beach town of Del Mar. Once the playground of old Hollywood stars like Bing Crosby and Lucille Ball, this picturesque retreat evolved into a tight-knit, relaxed community that draws a diverse and energetic crowd. Entrepreneurs, doctors, philanthropists, professional golfers, writers and more call Del Mar home, demonstrating there’s truly a spot for any interests and every stage of life.
Known for its coastal lifestyle, Del Mar is positioned perfectly amongst several stunning natural landmarks. Multiple white sandy beaches frame the Pacficic Ocean along the West side of town, and the Torrey Pines State Reserve sits just to the South – famous for its hiking trails and one of only two places in the country where the Torrey Pine grows naturally. But you’re also just a short drive and manageable commute to the airport and the city scene, activities and culture of San Diego.
The town itself is extremely walkable with a bustling downtown and a variety of independent shops, locally owned restaurants and boutique hotels. Regular community events such as the weekly farmer’s market enable residents to get involved and form relationships with their neighbors while larger venues like The Del Mar Fairgrounds and Racetrack bring plenty of excitement each year and has become a favorite for both local residents and tourists alike.
If you’re interested in living in Del Mar, you’ll be sure to enjoy exploring one of the five unique submarkets – The Heights, The Bluffs, The Terrace, Olde Del Mar and the Beach Colony – each of which has their own distinct personality. Some are known for outstanding views of the ocean and a short walk to downtown while other neighborhoods are cozy and unique with winding avenues along the bluff. The homes are of varied style and size and price point. In 2019, the average sale price was $2.6M with a high of $23M and a low of $375,000. Out of all the homes sold in 2019, only 11% were purchased with 20% down or less, demonstrating strength and resilience in the marketplace. The percentage of absentee owned homes varies widely from submarket to submarket with Beach Colony the highest at 68% and Del Mar Heights the lowest at 25%, but turnover rate remains steady around 4% throughout the area, illustrating how much Del Mar residents love where they live.
Living and working in Del Mar is a vibrant experience – how could it not be when surrounded by such stunning natural beauty? But the rich history, casual sophistication and passionate people make Del Mar truly stand out amongst coastal communities.
About the Author – Del Mar Real Estate Agent Jennifer Anderson
Jennifer has simplified the real estate process with the goal of making each transaction easy to understand by educating and empowering her clients to ultimately assist them in achieving their goals. She was named to Realtor® Magazine\’s National “30 Under 30” and San Diego Association of Realtor’s “40 Under 40”. In 2019, Jennifer’s team was also recognized in the San Diego Business Journal as a top 20 real estate team, and she’s in the top 1% of residential real estate agents in the country. Her expertise has led to her invitation as a publishing member of the Forbes Real Estate Council.
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