La Jolla, CA Market Report for the Week of November 12, 2012
The median list price in LA JOLLA, CA this week is $2,000,000.
Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.
Supply and Demand
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Price
Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
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 are thrilled to have sold this beautiful home!
www.latimes.com/business/real-estate/story/2020-09-23/former-rockets-owner-leslie-alexander-sells...
Former Rockets owner Leslie Alexander sells La Jolla beach house for $16 million
www.latimes.com
Longtime Houston Rockets owner Leslie Alexander has finally sold his La Jolla beach house for $16 million after nearly a decade of relists.JUST SOLD ⭐️ Our second oceanfront sale this year on El Paseo Grande in La Jolla Shores where there are just 22 homes on this coveted stretch of sand.
#oceanfront #oceanfrontproperty #lajolla #lajollashores #lajollabeach #beachfrontproperty #beachfront #lajollarealestate #lajollarealtor
Happy national daughters day Marti!
There could not be a better daughter and business partner in the entire universe. I love you!!! 💕
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