The news this past week about Real Estate has been shall we say, rather unsettling, especially with headlines like “Case-Shiller home-price index hits new low” in the Los Angeles Times.
Also in the same article
“An index of home prices in the nation’s largest cities plumbed new depths in March, pushing [...]
Here is a quick review of what’s happening in La Jolla’s Real Estate Market.
Last week the median list price in La Jolla was $1,797,000. There are 232 properties that have been on the market for an average of 202 days. So what does that mean?
Last week median list price in LA JOLLA, CA 92037 was $2,372,000. The 204 properties have been on the market for an average of 223 days.
From the chart you can see The Market Action index has been trending down lately, while days-on market is climbing, providing mostly bearish signs for the La Jolla’s [...]
Last week’s median list price in LA JOLLA, CA 92037 was $2,372,000. These 200 properties have been on the market for an average of 218 days.
From the chart you can see Inventory has been decreasing lately and the Market Action Index has been trending up. These are mildly positive indications for the La [...]
As of the week of January 25, 2010 the median list price in LA JOLLA, CA 92037 is $2,272,500. 202 La Jolla properties have been on the Market for an average of 214 days.
From the chart you can see Inventory has been decreasing lately but the Market Action Index is also falling. It [...]
As I’ve mentioned before, frequently when I am out and about in La Jolla, I’m asked “What is happening in our La Jolla Real Estate market? Is the market getting better? Do you think the market is going to continue to fall?” Of course those answers depend on if you are the Buyer or the Seller. [...]
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