La Jolla, CA Market Report for Second Half September, 2012
The median list price in LA JOLLA, CA this week is $1,862,500.
Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.
Supply and Demand
In terms of supply and demand, the market is getting cooler – more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of
improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Price
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
CLICK HERE to download the full La Jolla Market Report.
For more information about La Jolla Single Family Homes, contact Maxine & Marti Gellens
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Contemporary View Estate AVAILABLE - FOR SALE!
1740 Colgate Circle
La Jolla, California 92037
List Price $4,100,000
Finally, a sizable, soft contemporary estate that checks off all of boxes on your wish list…an exceptionally private, 4+ bedroom home with a pool and a sport court, situated upon a 0.78-acre parcel nestled amongst meticulously landscaped grounds, showcasing views of the city, bay and ocean. Expertly designed by Architect, Marc Tarasuck. Aesthetically pleasing in every regard, the light-filled interior consists of 4 bedrooms plus an office/library, 6 full baths plus a powder room, hardwood flooring throughout, two master suites, one conveniently located on each floor, and a flexible floor plan with generously-sized rooms. The stunning formal and informal living areas, which boast voluminous ceilings and 2 fireplaces, seamlessly flow from one to the next. The gourmet cook’s kitchen offers a breakfast area with disappearing doors opening onto one of several patios, a walk-in pantry plus a butler’s pantry and a 400+ bottle wine cellar. The upper level master suite features spectacular, southerly views of the downtown skyline, bay & ocean, while the spa-inspired bath has a large air-jet tub and an oversized shower. An amazing office/study with a full bath and closet could be the 5th bedroom should the need arise. An entertainer’s dream, the residence is surrounded by gracious patios, breathtaking landscaping which includes a drought-tolerant front yard, rose garden and fruit trees, a large pool, sport court, as well as a hillside ‘secret garden’. Other amenities: 30 photovoltaic solar panels, a rooftop deck with panoramic views, an exterior pool bath, fiber optic wiring for internet, cable & Wi-fi, and landscape lighting throughout. A quiet cul-de-sac location, privacy and views – this one has it all!
CALL OUR OFFICE FOR MORE INFO OR TO SCHEDULE A SHOWING 858-551-6630
www.youtube.com/watch?v=w-gguBPalBY&feature=youtu.be
Sizable, Soft Contemporary View Estate | La Jolla, California
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Finally, a sizable, soft contemporary estate that checks off all of boxes on your wish list...an exceptionally private, 4+ bedroom home with a pool and a sport...FOR SALE!
7740 Whitefield Place
La Jolla CA 92037
5 BED | 6 BATHS | 5,477 sqft
List Price $ 4,480,000
Situated in a serene canyon setting on a cul-de-sac within the coveted Country Club neighborhood of La Jolla, this beautifully designed home features approximately 5,500 square feet of living space allowing for grand-scale entertaining while maintaining a warmth and tranquility seldom found. Resting upon a 0.41-acre parcel surrounded by lush, meticulous grounds, the property is comprised of a 4 bedroom, 4.5 bath home including an attached guest quarters plus a detached guest suite above the 3-car garage…
Call for more info or to schedule a showing (858) 551-6630
Virtual tour -- >> bit.ly/35Jgfeo