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

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.

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.

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.