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