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
How much is your
Home worth?
Follow Us
Are you hosting the 4th 🇺🇸 festivities this holiday? 🎆 With this beautiful estate, you have he space to entertain and watch fireworks. With 9,726 sq.ft. and views, you’ve got it made. Call us to schedule a showing. 858-551-6630
#entertainersdream #lajollamansion #lajollaestate
Happy birthday to our grandson/nephew and 🌟 agent Zach! 🎂 Your dedication & determination in this business make us proud!
@zachgellensrealestate
Newly Listed 🎉 Ultra-charming beach bungalow located west of the 5 freeway in Cardiff By The Sea. Privacy abounds from the stunning, stone walled entry leading to the enclosed front yard with tropical landscaping. Inside, you’ll enjoy a light and airy interior with 1 bedroom, 1 bath plus a den, a granite kitchen with stainless steel appliances, and a large living room with bi-fold doors opening onto the entertainer’s backyard boasting an expansive lanai with an outdoor fireplace, a built-in bar, spacious stone patio, as well as a breathtaking Pebble-Tec pool and spa with soothing rock waterfall. Embracing the indoor-outdoor lifestyle has never been easier!
1 Bed | 1 Bath | 750 SF
#justlisted #cardiffbythesea #cardiff #cardiffrealestate