LA JOLLA, CA Market Report for the Week of February 11, 2013

La Jolla Community, News | 12th Feb 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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Maxine & Marti Gellens, Berkshire Hathaway HomeServices

4 days ago

Celebrating this beautiful, intelligent and amazing lady’s promotion to President of Berkshire Hathaway HomeServices California Properties.

Congratulations @marthabhhscalifornia - we are so happy for you!!

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

5 days ago

We can’t say it enough, we are so grateful for all our clients and supporters who have placed us in the #1 position in La Jolla for GCI (Gross Commission Index) Berkshire Hathaway HomeServices with $123,998,919 in sales for the first half of 2021. We also could not have done it without the leadership from Berkshire Hathaway HomeServices and our coach Tom Ferry.

#welovewhatwedo #clientsareeverything #sandiegorealestate #lajollarealestate #delmarrealestate ...

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

6 days ago

Just Sold for $10.3M in Montoro!

We represented both the Buyer and Seller on this gorgeous home, and are very happy for both our clients!

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LA JOLLA, CA Market Report for the Week of February 11, 2013