Del Mar Open House Report

by | Jan 3, 2015 | Bubbleinfo TV, Jim's Take on the Market | 5 comments

A good turnout at the open house today – about 60 people attended, and many were serious buyers.  Here are today’s thoughts:

5 Comments

  1. jose
    jose on January 3, 2015 at 11:50 pm

    was there really beer in fridge?

  2. avgjoe
    avgjoe on January 4, 2015 at 5:56 am

    looks like it was a circus there. 60 people is a lot. Did you have your helper bake cookies?

    You talk about competition from new builders. What kid of premium will buyers typically pay just to have new , never lived in?

    What part of the new build is most important, the never lived in part or simply new materials?

    I guess part of buying now is that you probably don’t have as many people competing to buy this time of year?

  3. Jim the Realtor
    Jim the Realtor on January 4, 2015 at 7:32 am

    I’d say at least a 10% premium for a flipper product just because of the newer look, and they would sell first. Older resales would have discount accordingly, or wait until flipper is off-market.

    The seller did have an apple pie in the oven!

  4. doughboy
    doughboy on January 4, 2015 at 10:48 am

    Nice home in a GREAT hood, lots of demand to live THERE in Olde Del Mar Heights. Will sell within a week.

  5. Jim the Realtor
    Jim the Realtor on January 4, 2015 at 11:07 am

    Thanks dough!

    Of the 57 active house listings in 92014, we are 18th cheapest (bottom third).

Pin It on Pinterest