March 21, 2014 BY Utechservs
The last few years have been tough in the real estate market. However, La Jolla is bouncing back at a fast rate, with homes for sale in La Jolla increasing in price. Over the last five years, home sale prices in La Jolla have jumped up 17.3% on average, with the trend seeming to continue into 2014. Less homes are being sold compared to last year, making it a competitive market.
For the week ending March 14th, 2014, the average price per square foot on La Jolla homes for sale went up almost 4% over the same period last year. In addition, median home sales prices are up over last year. With prices on the rise, now is the time to buy a home in La Jolla.
Everyone wants to buy homes that retain and increase in value, which is why La Jolla is such a hot market to buy a new home. If you have been considering buying a luxury beach home, La Jolla is where you should be looking! Call me to learn more about the fantastic homes that are currently for sale in La Jolla.