December 16, 2013 BY Utechservs
As we finish up the year, the La Jolla real estate market continues to stay strong as it has all year. Consistently throughout 2013 both sales and listing prices have continued to increase over the previous year, making La Jolla an excellent area to invest in a new home. These luxury homes for sale in La Jolla are not only retaining their value but seeing gains of close to 20% over prices in 2012.
For the week ending December 4th, 2013, average listing prices soared to over $2.8 million, up over $86,000 over the prior week. Compared to the median sales price from the same period last year, homes for sale in La Jolla are selling at prices 32.6% higher. This is an amazing improvement, especially compared to other areas in California and the nation that are still struggling.
Now is the time to invest in a new home in La Jolla, before prices rise even more. For a full listing of the incredible homes for sale right now in La Jolla, call my office to schedule a one-on-one appointment.