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LA JOLLA, CA Market Report for the Week of August 18, 2013

La Jolla Community, News | 19th Aug 2013

The median list price in LA JOLLA, CA this week is $2,749,000.Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market.

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Supply and Demand

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
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Price

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
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CLICK HERE to download the full market report for LA JOLLA, CA.
For more information about single family homes in LA JOLLA, CA contact Maxine Gellens.
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