LA JOLLA, CA Market Report for the Week of August 10, 2013

La Jolla Community, News | 12th Aug 2013

The median list price in LA JOLLA, CA this week is $2,600,000.The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.

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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.

Price

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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For more information about single family homes in LA JOLLA, CA, contact Maxine Gellens.

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is in Village of La Jolla.

1 day ago

We got this listing in escrow just days after listing it and it’s no surprise because this townhome has so much to offer right in the heart of the village.

#thevillageoflajolla #lajollaliving ...

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is at Crown Point Mission Bay.

5 days ago

Live just 7 homes from the bay in Crown Point Pacific Beach! SoCal living at its finest!

#crownpoint #missionbay #crownpointrealestate ...

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Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is in La Jolla.

6 days ago

La Jolla has just 3 high-rises that were grandfathered in before height restrictions were put in place. 939 Coast is the only one on the ocean in La Jolla and we love selling these luxury condos. Stay tuned for what we might have coming next…

#lajollaluxury #lajollahighrise #939coast #lajollaoceanfront ...

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LA JOLLA, CA Market Report for the Week of August 10, 2013