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LA JOLLA, CA Market Report for the Week of September 22, 2013 (Single Family Homes)

La Jolla Community, News | 23rd Sep 2013

The median list price in LA JOLLA, CA this week is $2,750,000. With inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook.

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Supply and Demand

The market has settled in at a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
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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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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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