La Jolla, CA Market Report for the Week of November 26, 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. These are mildly positive indications for the market.

Supply and Demand

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Price

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

CLICK HERE to download the full La Jolla, CA Market Report.

For more information about La Jolla Single Family Homes, contact Maxine & Marti Gellens