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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Enjoy sophisticated modern flair with this custom home in the coveted guard-gated community of The Bridges. Set upon a beautifully landscaped, 0.8-acre parcel on a cul-de-sac creating a very private setting with no neighbor behind you. Ideally designed to embrace indoor-outdoor living with a gorgeous, gated entry courtyard, an expansive lanai with a fireplace inviting al fresco dining, and a tranquil backyard highlighted by an infinity-edge pool, spa, outdoor fireplace and plenty of space for lounging. Call us to schedule a private showing.
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SOLD we were able to bring our buyers to our sellers for a smooth, quick transaction. Our teammate Kate Adams knows the La Jolla Shores extremely well as she lives in and is heavily involved in the community for years. #whoyouworkwithmatters #lajollashores #lajollashoresbeach #lajollashoresliving
Happy Mother’s Day!!! How lucky are we, a mother-daughter team to be able to share our passion of real estate together and work together to continually support each other? We hope all the moms had a wonderful day too.
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