Del Mar real estate sales for single family homes took a major hit from '04 to '05 with a 35.5% drop in sales. A spin doctor would take that information and run to her local media source to try to get an article published because that's sensational news! However, if you look at the same year but a different statistic, you would see that the average and median single family home sales price in Del Mar enjoyed a 13.3% and 17.2% increase respectively over the same period of time.

Now, if that doesn't get you thinking about statistics and media hype, what about this? The median price for a single family home in Del Mar from an earlier period, 2003 to 2004, rose by 43.2%! Here's what I am getting at. Don't trust the headlines, check your local real estate broker's website for recent statistics, and always trust the history of a specific community when assessing the future investment potential of your home or condo. That's what the professionals do, and now with the power of the internet and research tools available online you can do it too.

With that in mind, the median price of single family homes in Del Mar increased by an astounding 255% from 1998 and the average price of the same homes skyrocketed 249% over the same time period. Del Mar like much of San Diego County, particularly those communities located near the ocean, tend to fare well over the long term as far as investments go. Don't be afraid to talk to your local real estate broker or the agent who sold you your home about the trends that are current. It's their job and they are happy to talk to you about it. After all, if you decide it's time to buy/sell, believe you me, they will want to be the first person to talk to you about it.