La Jolla, CA Market Report for the Week of October 8, 2012
The median list price in LA JOLLA, CA this week is $1,995,000.
Inventory and days-on-market are climbing, while the Market Action Index has been flat recently. The trends point to a weakening market.
Supply and Demand
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Price
Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.
CLICK HERE to download the full La Jolla Market Report.
For more information about La Jolla Single Family Homes, contact Maxine & Marti Gellens
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$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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