Views of La Jolla » Market Trends http://viewsoflajolla.com La Jolla News and Views Sun, 13 May 2012 03:32:21 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Its Springtime La Jolla’s Real Estate Is Getting Hot! http://viewsoflajolla.com/its-springtime-la-jolla%e2%80%99s-real-estate-is-getting-hot.htm http://viewsoflajolla.com/its-springtime-la-jolla%e2%80%99s-real-estate-is-getting-hot.htm#comments Mon, 23 Apr 2012 02:42:50 +0000 Michelle Silverman http://viewsoflajolla.com/?p=3055 I’ve been saying this for a couple of weeks! La Jolla’s Real Estate Market is starting to heat up! This weekend I was showing homes in La Jolla, and at every home I showed there were number of buyers viewing it too. As La Jolla Realtor I can feel that our market is starting to [...]]]> I’ve been saying this for a couple of weeks! La Jolla’s Real Estate Market is starting to heat up! This weekend I was showing homes in La Jolla, and at every home I showed there were number of buyers viewing it too. As La Jolla Realtor I can feel that our market is starting to change! Buyers are realizing that if La Jolla home values are not at their bottom they are pretty close to it, they don’t want to miss their chances of buying a new La Jolla home!

As you can see, the Market Action Index shows this week the median price of a La Jolla is $1,449,000. The average days a La Jolla home is on the market is going down! Its now 175 days! There are currently only 245 properties on the market! This means homes that are priced right are selling, some even had multiple offers!

 

The La Jolla properties have been on the market for an average 175 days! While half of the listings have come newly on the market in the past 98 days or so.

If you are thinking of buying a La Jolla don’t wait much longer! You don’t want to look back in a year from now and say “I wished I bought my home in the Spring of 2012!”

Feel free to call me 619-980-2738 or email me at Michelle@viewsoflajolla.com to learn more about La Jolla’s real estate market or for a free Comparable Market Analysis (CMA) of the value of your home. I’m here to help!

]]> http://viewsoflajolla.com/its-springtime-la-jolla%e2%80%99s-real-estate-is-getting-hot.htm/feed 0 Can You Feel It? La Jolla’s Real Estate Market Is Starting To Get Stronger! http://viewsoflajolla.com/can-you-feel-it-la-jolla%e2%80%99s-real-estate-market-is-starting-to-get-stronger.htm http://viewsoflajolla.com/can-you-feel-it-la-jolla%e2%80%99s-real-estate-market-is-starting-to-get-stronger.htm#comments Fri, 30 Mar 2012 03:45:23 +0000 Michelle Silverman http://viewsoflajolla.com/?p=3021 If you are La Jolla home buyer can you feel it? La Jolla’s Real Estate market is starting to get stronger! Home Buyers are beginning to find, the homes that they are bidding on have multiple offers! For those of us who are Realtors, La Jolla’s market feels dramatically different than last year’s.

The Market [...]]]> If you are La Jolla home buyer can you feel it? La Jolla’s Real Estate market is starting to get stronger! Home Buyers are beginning to find, the homes that they are bidding on have multiple offers! For those of us who are Realtors, La Jolla’s market feels dramatically different than last year’s.

The Market Action Index shows that La Jolla’s median home price has risen to $1,495,000 and the number of properties on the market has dropped to 249. (Less homes for buyers to choose from)

 

As you can see on the Action Index chart the Median Price is increasing!

 

If you’re a Buyer, interest rates will undoubtedly start rising and the fees associated with them will definitely go UP! So if you are STILL waiting for La Jolla’s home values to go down further, unfortunately you might have already missed the mark. Last year’s Buyers capitalized on what could have been the bottom and next year’s Buyers will likely wonder why they didn’t purchase in 2012

If you are thinking of buying or selling your home, or want to FREE Comparable Market Analysis (CMA) feel free give me a call 619-980-2738! I would love to help!

 

 

 

]]> http://viewsoflajolla.com/can-you-feel-it-la-jolla%e2%80%99s-real-estate-market-is-starting-to-get-stronger.htm/feed 0 La Jolla ‘s Real Estate? Which Way Is It Trending? http://viewsoflajolla.com/la-jolla-s-real-estate-which-way-is-it-trending.htm http://viewsoflajolla.com/la-jolla-s-real-estate-which-way-is-it-trending.htm#comments Sun, 26 Feb 2012 02:22:07 +0000 Michelle Silverman http://viewsoflajolla.com/?p=2758 Last week the median list price for a La Jolla home was $1,399,500, and the Market Action Index shows 242 properties have been on the market an average of 192 days. What does this mean? Inventory is shrinking even though days on the market have increased. If homes are priced right they are selling! Which [...]]]> Last week the median list price for a La Jolla home was $1,399,500, and the Market Action Index shows 242 properties have been on the market an average of 192 days. What does this mean? Inventory is shrinking even though days on the market have increased. If homes are priced right they are selling! Which is a positive sign for La Jolla Real Estate.

In fact, in a recent survey by National Housing Survey showed 71% say “it is a good time to buy” and 64% say, “If they are going to move they would buy a home instead of renting”.

As seen on the Market Action Index La Jolla’s inventory is falling.  If you’re a seller, now might be a good time to put your home on the market there are buyers! However, the key for a seller is pricing your home right or your home will be one of the statistics.

If you are thinking of buying or selling a La Jolla home,  give me a call 619-980-2738 or email me at Michelle@viewsoflajolla.com for a free Comparable Market Analysis (CMA) of the value of your home. I’m here to help!

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