September 24, 2013 BY Utechservs
Whatever the state of real estate is in the rest of the country, it does not seem to be affecting La Jolla in the same way. This exclusive community continues to move out of the real estate slump that other areas are still experiencing. Homes are only listed at a median of 59 days, which is much lower than the national average. The good news is that even though homes are selling fast, there are more being put on the market than there were a few months ago.
– The number of active listings in September were 308
– Active listings increased 4.6% over the previous month
– In April 2013, there were only about 200 homes listed in La Jolla
– The average listing price has increased to $1.98 million
With La Jolla luxury homes selling faster and the listing prices increasing, now is the time to buy in La Jolla. If these trends continue, the prices will continue to skyrocket with demand so high. Anyone who has been contemplating buying a residence or vacation property in La Jolla should take this as a sign to start shopping now. To find out more about what properties are available, call my office to get a full listing.