LA JOLLA, CA Market Report for the Week of May 6, 2013
The median list price in LA JOLLA, CA this week is $2,722,500.
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.
Supply and Demand
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Price
This week saw relatively little price change from last week.
However, prices continue to demonstrate a nice up trend over the last several weeks.
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For more information about single family homes in LA JOLLA,CA contact Maxine Gellens.