Pick CIty La Jolla

La Jolla - Week of March 30th, 2014

Single Family Homes

---

This Week The median list price in LA JOLLA, CA this week is $2,995,000. The 159 properties have been on the market for an average of 174 days. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Supply and Demand The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

---

Median Price

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

---

Inventory of Properties Listed for Sale

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

---

Want this information for any city in Southern California? Subscribe for a free weekly report!
Select your area below:

---

Data Provided by and Copyright Altos Research LLC