Your Local Executive LA JOLLA 92037, CALIFORNIA Summary

Condominium Homes

Posted on May 9th, 2012

This Week

The median list price in LA JOLLA, CA 92037 this week is $699,000.

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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Price

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move

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Contact: Donna Medrea | 1299 Prospect Street, La Jolla, CA 92037 | Office: 858.204.1810 | Fax: 858.433.0511 | donna@DonnaMedrea.com

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