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So What’s Going on in the La Jolla Real Estate Market?

News | 25th Mar 2010

One of the most important questions facing real estate buyers, sellers and agents is how the market is doing?  This week the median list price in La Jolla, California, 92037 is $2,285,000. Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

 The market has been consistently cool for several weeks. Demand levels are low relative to the available inventory. It’s a Buyer’s market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Through Altos Research we have access to current market statistics, if you are interested please sign up for real-time market reports they are FREE here on our website click here to sign up 

This is a very good resource to monitor when buying or selling your home or thinking of buying or selling.

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