LA JOLLA, CA Market Report for the Week of February 11, 2013
The median list price in LA JOLLA, CA this week is $2,695,000.
The Market Action Index has been climbing lately while days-on market are trending down, these point to a positive near-term outlook for the market.
Supply and Demand
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Price
The market seems to have paused around this plateau. The
Market Action Index is a good leading indicator for the durability of this trend.
CLICK HERE to download the full report for LA JOLLA, CA.
For more information about single luxury family homes, contact Maxine Gellens.
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We are thrilled to have sold this beautiful home!
www.latimes.com/business/real-estate/story/2020-09-23/former-rockets-owner-leslie-alexander-sells...
Former Rockets owner Leslie Alexander sells La Jolla beach house for $16 million
www.latimes.com
Longtime Houston Rockets owner Leslie Alexander has finally sold his La Jolla beach house for $16 million after nearly a decade of relists.JUST SOLD ⭐️ Our second oceanfront sale this year on El Paseo Grande in La Jolla Shores where there are just 22 homes on this coveted stretch of sand.
#oceanfront #oceanfrontproperty #lajolla #lajollashores #lajollabeach #beachfrontproperty #beachfront #lajollarealestate #lajollarealtor
Happy national daughters day Marti!
There could not be a better daughter and business partner in the entire universe. I love you!!! 💕
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