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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Now offered at $6,295,000!!
This stunning, single-story home sits on a 0.46 acre lot, in the highly sought-after flats of the Olde Muirlands.
If you have questions, or to set up a showing, please call us at 858.551.6630
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JUST LISTED! 🌟 European elegance meets modern beauty in this meticulous Muirlands estate, where awe-inspiring ocean & golf course views provide a priceless backdrop for sophisticated entertaining and personal enjoyment alike. Presenting a grand yet comfortable ambiance, the graceful floor plan features over 8,300 sq. ft. of luxurious interior space with an elevator servicing all levels. Upon entry, you’re greeted by expansive living areas showcasing head-on blue water views through a wall of curvilinear glass, abundant windows & spacious decks. A stunning, wood-paneled office plus the privately situated master retreat, with its sitting room, dual walk-in closets & spa-inspired bath, are also on the entry level.
Downstairs you will find an amazing recreation/game room with a kitchenette, 3 bedrooms and an exercise room with steam shower & sauna. The home also offers a top-floor guest suite, breathtaking rooftop deck, separate staff wing, and 4-car garage with additional off-street parking. The backyard is surrounded by privacy-providing greenery and boasts a gorgeous pool with soothing water features, an elevated spa, sprawling lawn, and numerous patios perfect for lounging or just enjoying La Jolla’s year round temperate climate. Some notable features: security system with comprehensive cameras, 6 zones of heat & A/C, secure vault room, electronic locks on all entry doors, speakers in most rooms, Tesla EV charger, whole house water treatment unit, automated window coverings in the living & rec rooms, as well as pre-wiring for a generator & home automation system. Coveted Muirlands locale!
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It’s all about the details at this Brand New, extraordinary California Coastal Farmhouse west of the 101 in Solana Beach. Here we share a slideshow of all the interesting light fixtures in this home.
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