Del Mar

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Median Price $928,500
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Del Mar Real Estate

The coastal community of Del Mar stretches from just north of the Torrey Pines Nature Reserve along the Pacific to Solana Beach and east to Del Mar Heights and Carmel Valley.  It is a small community of less than two square miles with most of the homes situated less than a quarter mile from the beach.  Because Del Marís geographic area is limited, there is little new development.  However, the area showcases a variety of traditional and contemporary single-family homes, as well as apartment and condominium complexes, many with spectacular ocean views. 

Del Marís main street is lined with shops and restaurants.  Summers bring a huge number of tourists, many for the beaches and the annual Del Mar Fair, though the majority come for the sport at the Del Mar Racetrack.  A significant number of the apartments and condominiums are rented for the race season at extremely high rates, making Del Mar an attractive investment opportunity or ideal location for those seeking a part-time residence. 

Together, the City of Del Mar and the Del Mar Village Association are undertaking a downtown revitalization project, designed to make the area even more appealing to businesses and residents.  As with most of Southern California, property prices have increased dramatically in the area, with most single-family homes now exceeding $1 million.