Tuesday, December 31, 2013

La Jolla, CA Housing Market Statistics and Trends as of 12/27/2013



La Jolla, CA Housing Market Statistics and Trends as of 12/27/2013
* Median sales price change over past year: 23% (increasing property values trend indication)
* Median sales price change over the past 6 months: 6%
* Median $/Sqft change over past year: 8% (increasing property values trend indication)
* Median $/Sqft change over the past 6 months: -3% (decreasing property values trend indication)
* Months of inventory: 5.4 months ('In balance' Demand/supply indication)
* Typical market exposure time (median over past 3 months): 47 Days
* My estimate of likely marketing time for next 3 months: 0-90 days

(Please note that the housing price trends above only consider standard/traditional sales. Bank sales, short sales, estate sales, etc. are not considered.)

Brian A. Ward
La Jolla, California Real Estate Appraiser
(619) 630-9273

Real Estate Appraisal Services For:
·         Bankruptcy
·         Divorce / Marriage Dissolution
·         Estates
·         Trusts
·         Date of Death / Retrospective Appraisals
·         Expert Witness Testimony
·         Before Buying and/or Obtaining a Mortgage (critical)
·         Before Selling
·         Property Tax Appeals
·         Intra-Family Home Purchases and Sales
·         More!

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