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LA JOLLA, CA Market Report for the Week of April 7, 2013

La Jolla Community, News | 16th Apr 2013

The median list price in LA JOLLA, CA this week is $2,650,000. With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

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Supply and Demand

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
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Price

Again this week we see a downward notch for prices. Prices
continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.
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CLICK HERE to download the full market report for LA JOLLA, CA.
For more information about single family homes in LA JOLLA, CA contact Maxine Gellens.
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12 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Just listed this absolute stunnner!

5BR+ 6.5BA 9,200 sq ft 18,547 lot
CDGI Christopher Guy

Immerse yourself in dazzling, 280-degree day-to-night views presenting a priceless backdrop from this phenomenon in modern design. Walls of glass and disappearing doors invite an influx of natural light while enabling effortless entertaining & easy movement throughout. Grand in scale yet providing an ambiance of comfortable sophistication, the interior includes 5 en suite bedrooms, 6.5 baths, home theatre, wine cellar, Crestron home automation system and an infinity-edge saltwater pool & spa.

Set high upon a hill overlooking La Jolla’s scenic coastline sits this extraordinary gated estate. Upon arrival, you will find unparalleled attention to detail such as a handcrafted, copper clad entry door, and a one-of-a-kind dining room chandelier that is sure to delight your dinner guests. The fully-equipped chef’s kitchen is complete with commercial-grade Viking appliances, an abundance of sleek cabinetry, a breakfast room plus large island with bar seating. Magnificent views continue into the master retreat, boasting a circular sitting area, 2-story walk-in display closet, and spa-like bath with a soaking tub and steam shower. A descent to the lower level by custom-lit handrail takes you to 4 bedroom suites and the home theatre, which could be a 6th bedroom. This stunning “smart home” features a Crestron automation system which can be controlled via iPad with just a touch of the button. A fully gated circular driveway leads to a 3-car garage with off-street parking for several cars. Indulge in a flawless indoor-outdoor environment where the crystalline waters from the zero-edge, saltwater pool and spa seamlessly meld with sea and sky, and the black bottom allows for a mirror-like reflection by day and lights up beautifully at night. Enjoying La Jolla’s year-round temperate climate from the comfort and privacy of your own home has never been easier. Masterfully designed by the architectural firm of CDGI with interior design by Christopher Guy.

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12 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

This fantastic, oceanfront townhouse in Mission Beach just sold!

Inventory is low- if you’ve been thinking about selling, now is the time. We’d love to share our strategy for selling your home with you!

Call us today! 858.551.6630

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices

What are your favorite appliances? This stainless steel Wolf range is a beauty and a beast when cooking in our penthouse in the Grande South tower.

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