This week in La Jolla – Your Real Estate Market Outlook
Hello all you home buyers, sellers, investors and “market watchers” here is your weekly summary of the La Jolla real estate market. If you would like a more in-depth look, and to view additional statistic for this week, please click here: Maxine & Marti Gellens Market Update LA JOLLA_2010-04-09
The median list price in LA JOLLA, CA this week is $2,250,000. The 233 properties listed for sale in La Jolla have been on the market for an average of 210 days.
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.
The market has settled in at a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Through Altos Research we have access to current market statistics, if you are interested please sign up for real-time market reports they are FREE here on our website click here to sign up.