Shelly O'Neil

Realtor/Broker
The O'Neil Group

Del Mar Coastal Connections

Del Mar, CA Community

Pricing your Del Mar home right from the start isn’t a luxury — it’s a strategy. In a market where the median sold price hit $3.9 million in January 2026, the gap between a well-priced home and an overpriced one is the difference between a quick, clean sale and a listing that quietly collects dust.

We’re heading into late February, which means spring buying season is just around the corner — and smart sellers are already doing the homework.

What “Competitive” Actually Means in Del Mar

A competitive listing price isn’t the highest number you can justify. It’s the number that makes qualified buyers stop scrolling and start scheduling tours.

In Del Mar, that number is shaped by:

  • Your neighborhood’s recent sold prices — not your neighbor’s opinion

  • What’s currently active on the market — your real competition

  • How fast similar homes are moving — homes in Del Mar averaged 32 days on market as of January 2026

  • The condition and features of your specific property — ocean views, lot size, and upgrades carry real weight here

Start With Comparable Sales (Comps)

Comps are recently sold homes that closely match yours in size, location, age, and condition. They’re the most reliable data point for answering the question: what will a buyer actually pay today?

Here’s how to use them effectively:

  • Stick to the last 90 days. Older sales don’t reflect today’s buyer mindset or interest rate climate

  • Stay hyper-local. A home in Beach Colony isn’t priced the same as one in Olde Del Mar, even if they’re blocks apart

  • Look at the price per square foot. Del Mar’s median price per square foot hit $2,220 in January 2026 — that’s a useful benchmark when comparing homes of different sizes

  • Factor in what didn’t sell. Expired listings are just as telling as closed ones — they show you exactly where buyers drew the line

Read the Room: Buyer Demand Right Now

Del Mar is entering late winter with rising inventory, which shifts the dynamic. Active listings in the Del Mar coastal market grew over 24% year-over-year heading into 2025, and that trend has continued. More listings mean buyers have more to compare — so your price needs to justify itself against real alternatives, not just your memories of the 2021 market.

Right now, watch these demand signals closely:

  • Days on market (DOM): If similar homes are sitting for 45 to 60+ days, your market segment has softened — price accordingly

  • List-to-sale price ratio: Del Mar homes are selling for close to list price, but not consistently above it — there’s little room for speculative cushion

  • Pending sales activity: A dip in pendings means buyers are being choosy; a well-priced home still moves, but an overpriced one won’t get a second look

The Overpricing Trap (It’s Costly)

Here’s a pricing reality that surprises many sellers: overpricing doesn’t just delay your sale — it can cost you more than pricing low would.

When a listing sits, buyers start asking why. Price reductions signal desperation, and by the time you drop to market value, the buyers who would have jumped on day one have already moved on. Pricing 5 to 10% above market can extend your time on market from 60 days to 150+ days — and you’ll likely net less in the end.

A Comparative Market Analysis (CMA) is how you avoid this. A CMA cross-references your property against recently sold homes, active competition, and neighborhood trends to give you a defensible, data-backed price range — not a hopeful number.

If you’re thinking about listing this spring and want a no-pressure CMA before you commit to a price, let’s talk.

Why February Is the Right Time to Prepare

Spring is the busiest buying season in Del Mar, and it starts earlier than most people expect. Listing in March or April means your prep work — repairs, staging, pricing strategy — needs to be done now.

February listings in coastal Southern California can actually capture a motivated, less distracted buyer pool before the spring wave hits and competition among sellers ramps up. A well-priced home launched in late winter that lands in front of a pre-approved buyer in February can outperform a spring listing in a crowded field.

Your Pre-Listing Pricing Checklist

Before you set a price, run through this:

  • Pulled comps from the last 90 days within your Del Mar neighborhood specifically

  • Reviewed all active listings in your price range — these are who you’re competing against

  • Noted the average DOM for your price tier and property type

  • Honestly assessed your home’s condition, upgrades, and lot position against those comps

  • Confirmed your price aligns with the current list-to-sale ratio in the market

  • Requested a proper CMA from a local agent — not just an online estimate, which can swing wildly in a low-volume market like Del Mar

Ready to price your home with confidence this spring? Connect with me to get your CMA started before the spring rush.

 

 

Sources: rocket.com, theoneilgrp.com
Header Image Source: Thirdman