LA JOLLA, CA Market Report for the Week of September 15, 2013 (Single Family Homes)
The median list price in LA JOLLA, CA this week is $2,685,000. The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.
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.