San Diego Real Estate Market Conditions Report
La Jolla Real Estate Single Family Homes
August 25, 2011
This Week
The median list price in La Jolla CA for Single Family Homes this week is $2,149,900. The 287 properties have been on the market for an average of 163 days.
The Market Action Index has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for the market.
Supply and Demand
Home Sales has been exceeding new inventory for several weeks. Since this is a Buyer’s Market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
Market Action Index
The La Jolla Real Estate market is currently quite strongly a Buyer’s Advantage Zone (below 30).
View the entire La Jolla Real Estate Market Conditions Report:
Detailed Analysis of the Following Areas
Current Real Estate Market Conditions
Trends in Pricing
Current Levels of Supply and Demand
Price Per Square Foot Analysis
Median Prices
Days on Market
Value Metrics
Yalda Alawi – The San Diego Real Estate Lady
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