LS,
Every property is different in Del Mar. It is not a tract home area. Think Manhattan Beach. The prices depend upon what actually sold and by any statistical measurement it is impossible to analyze what is going on. In a few sq miles, there are at least 20 distinct areas that impact pricing. there are zoning issues (under the rule of DM Planning Commission or City of San Diego), there are view isses, there are location issues. there are so many micro variables going on that it is impossible to discern from any stat what is going on.