Presented By:

La Jolla Market Report for Week of July 9, 2012

La Jolla Community, News | 13th Jul 2012

Week of July 9, 2012

The median list price in LA JOLLA, CA this week is $1,595,000.

With inventory and days-on-market basically unchanged and the
Market Action Index decreasing, the market is not sending strong
directional signal for the near-term outlook.

Supply and Demand

In terms of supply and demand, the market is getting cooler – more
supply is coming on the market relative to the sales demand.
However, in recent weeks prices have been moving higher. Since it is
technically a Buyer’s market, this price trend may be a result of
improved quality (newer, larger homes) of the homes being listed.
Look at the descriptive statistics where you may notice the homes
being listed are larger and younger than they have been in the past.

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.

For more information on La Jolla luxury homes CLICK HERE

Leave a Reply

Your email address will not be published. Required fields are marked *

Share & Print This Post
Choose A Topic Below

How much is your
Home worth?

Looking for a home? Talk to an Area Expert...
  • This field is for validation purposes and should be left unchanged.
Follow Us

7 days ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

Live like you’re in Greece every day, in this charming Santorini West condo, inspired by the breathtaking architecture found in the Greek Isles. Now offered at $1,124,000!

#lajolla #birdrock #realestate
...

View on Facebook

2 weeks ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

We are happy to be awarded #2 in Production January - September 2022 with Berkshire Hathaway HomeServices San Diego. We 💜 helping our clients!
#whoyouworkwithmatters #realestatelife #sandiegorealtor #sandiegorealtors
...

View on Facebook

2 weeks ago

Maxine & Marti Gellens, Berkshire Hathaway HomeServices

We enjoyed 3 days of learning and networking during LUX 2022 at the beautiful @terranearesort hotel! Lots of great info was shared about the real estate market, luxury marketing, and health & wellness. We even snapped a pic with the beautiful cover model for BHHS’s new Lifestyles magazine! Can’t wait to do it all again in 2023!!

#lux2022 #bhhs #bhhscalifornia #bhhsluxury
...

View on Facebook