I snipped this Zillow forecast (above) in October, 2016. They expected La Jolla home values to go up 2.1% in 2017, which earned a ‘Very Cold’ label.
The La Jolla ZHVI rose 7% in 2017, so their forecast was a tad conservative. The index has been dropping lately, but they are expecting values to flatten:
Other Zillow forecasts – they like Carmel Valley:
You can find more data here (they predict the U.S. market will be +6.4%):