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.

Choose A Topic Below

Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is in Encinitas, California.

1 week ago

We want to wish our clients a big congratulations on their new home! What a great way to start 2023!

#sellingsandiego #sandiegorealestate #encinitas ...

Photo

View on Facebook

Maxine & Marti Gellens, Berkshire Hathaway HomeServices Maxine & Marti Gellens, Berkshire Hathaway HomeServices is at Banker's Hill.

3 weeks ago

Congratulations to our teammate @amyjdeleon and her client on the sale of this gorgeous townhome! Amy helped her client achieve a great return on investment from her original purchase in 2019.

#realestate #roi #sandiego ...

Photo

View on Facebook

LuxuryHomes.com is in La Jolla.

1 month ago

$12,990,000 US | La Jolla, California

A setting of unparalleled privacy and beauty can be yours from this extraordinary Muirlands estate, where absolutely awe-inspiring views of the ocean, city, and sunsets provide a priceless backdrop.

For more info >> bit.ly/3jlmbmH

Listed by: Maxine & Marti Gellens, Berkshire Hathaway HomeServices

#BerkshireHathawayHomeservices #LaJollaReaLEstate #LaJollaHomes ...

Photo

View on Facebook

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