La Jolla, CA Market Report for the Week of December 10, 2012
The median list price in LA JOLLA, CA this week is $2,495,000.
Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
Supply and Demand
Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s Market.
Price
Despite this week’s down tic, price trends have generally been moving up lately.
CLICK HERE to download the full La Jolla, CA Market Report.
For more information about La Jolla Single Family Homes, contact Maxine & Marti Gellens
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We’re getting our clients top dollar for their properties. We had 40 offers, countered the top 8 and opened escrow today on this amazing opportunity in Encinitas. If you’re considering selling, contact us! We’ll share our strategy on how we can deliver the same superior service for you.
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PRICE IMPROVEMENT
$859,000
This beautifully appointed townhome rests in a tranquil location within The Villas of Whispering Palms. A gated entry courtyard welcomes you into elegant living spaces offering engineered wood floors, a fireplace, generous granite kitchen with an abundance of cabinetry, and a slider opening onto an enclosed patio perfect for lounging or dining al fresco. Upstairs you will find all 3 bedrooms with vaulted ceilings including the master suite with a spacious walk-in closet, fireplace and private balcony.
4062 Avenida Brisa
Rancho Santa Fe, CA 92091
3BD | 2BA | 2,062 sq.ft.
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7091 Caminito Valverde
La Jolla, CA 92037
4 Beds | 3.5 Baths | 2,618 SqFt
Ocean views and a tranquil, park-like setting surrounded by vast open space are yours to enjoy from this exceptionally private home in La Jolla Summit. Upon entry you’re welcomed by sun-filled living areas with an inviting indoor-outdoor flow consisting of a spacious living room with a fireplace, formal dining room, and an architecturally designed chef’s kitchen adjacent to the family room. All 4 bedrooms are conveniently situated upstairs including the generous master suite showcasing vaulted ceilings and an incredible view of the ocean. Serene outdoor spaces enable effortless entertaining from its extra-large, low maintenance yard with four separate patios and a hot tub. Residents of La Jolla Summit benefit from community amenities comprised of a clubhouse, 2 pools, 3 tennis courts, a fitness center, kid’s playground, basketball, indoor racquetball, an indoor spa and LOW HOA fees. Enjoy easy access to the freeway, beaches, as well as Village shops and eateries. This is a rare offering in an enviable location that only one family will be lucky enough to call home.
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