LA JOLLA, CA Market Report for the Week of March 4, 2013
The median list price in LA JOLLA, CA this week is $2,597,500.
Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
Supply and Demand
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Price
Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
CLICK HERE to download the full market report for LA JOLLA, CA.
For more information on single family homes in LA JOLLA, CA contact Maxine Gellens.
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Have it all in the coveted Country Club neighborhood of La Jolla. Call us to schedule your private showing 858-551-6630.
Thanks for putting your trust in us! We helped 90 happy homeowners with their real estate needs in 2020, with $182 Million in sales. We are grateful for you!!!!
90 homes reflect 78 sales & 12 leases.
Sales volume does not include leases.
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