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La Jolla, CA Market Report for the Week of October 8, 2012

News | 13th Oct 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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18 hours ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

FOR SALE!
7740 Whitefield Place
La Jolla CA 92037

5 BED | 6 BATHS | 5,477 sqft
List Price $ 4,480,000

Situated in a serene canyon setting on a cul-de-sac within the coveted Country Club neighborhood of La Jolla, this beautifully designed home features approximately 5,500 square feet of living space allowing for grand-scale entertaining while maintaining a warmth and tranquility seldom found. Resting upon a 0.41-acre parcel surrounded by lush, meticulous grounds, the property is comprised of a 4 bedroom, 4.5 bath home including an attached guest quarters plus a detached guest suite above the 3-car garage…
Call for more info or to schedule a showing (858) 551-6630

Virtual tour -- >> bit.ly/35Jgfeo
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Out of the thousands of listings Maxine and Marti have sold over the years, this one makes Maxine's Top 5 List. Join them in their tour of this exceedingly rare, ocean bluff opportunity in La Jolla.

Tucked within an enviable, in-town locale showcasing extraordinary views overlooking the coastal reserve and Pacific Ocean, this one-of-a-kind property is comprised of 5 parcels totaling 0.78-acres with a gated cottage, tennis court and garage parking for 4 vehicles. Warmth and charm abound throughout the u-shaped residence featuring 4 bedrooms, 4.5 baths, hardwood flooring, and expansive entertaining areas flowing from one to the next. The generous living room, with its dramatic open beamed ceiling and fireplace, presents an idyllic environment to sit and watch the kayaks glide by.

This is a rare trifecta of ocean bluff grandeur, Village proximity and a secluded location on a scenic one-lane road and walking path. A truly unforgettable experience in coastal living.

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2 days ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

NEWLY LISTED! In The Country Club Neighborhood
List Price $ 3,220,000

7777 Ludington Place
La Jolla, CA 92037
4 Beds | 3 Baths | 2,626 sq ft
This ultra-charming Traditional home, tucked upon a large lot in a private canyon setting, boasts breathtaking and unobstructed views overlooking the ocean and La Jolla’s coastline. Exuding warmth and a timeless appeal, the single-story interior offers 3 bedrooms, 3 baths plus an office/optional bedroom, hardwood floors in the generous living areas with a fireplace, and an abundance of built-in storage throughout. The beautiful backyard, with its expansive slate patios and manicured landscaping provides the perfect environment to relax and revel in the spectacular coastal scenery. Situated on a cul-de-sac in the highly sought-after Country Club neighborhood where you will benefit from an amazing beach and Village-close locale with easy access in and out of La Jolla. Call our office for more info or to schedule a showing (858) 551-6630
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