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.