La Jolla, CA Market Report for the Week of November 5, 2012
The median list price in LA JOLLA, CA this week is $2,037,500.
Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.
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
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
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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Have it all in the coveted Country Club neighborhood of La Jolla. Call us to schedule your private showing 858-551-6630.
Thanks for putting your trust in us! We helped 90 happy homeowners with their real estate needs in 2020, with $182 Million in sales. We are grateful for you!!!!
90 homes reflect 78 sales & 12 leases.
Sales volume does not include leases.
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