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La Jolla Real Estate Market Update

December 10, 2013 BY Utechservs

Luxury Homes in La Jolla130024624_E01_18130024344_101_12Homes for sale in La Jolla continue to be a hot commodity, with increases in both median sales price and price per square foot over last year. While other areas of the country are slow to rebound from the crash of 2008, La Jolla homes have continued to increase in value. For those looking to buy in the San Diego area, La Jolla offers a more stable market with steady increases in values, making now the time to invest in a new home.

 

For the week ending November 27th, here are some of the current La Jolla real estate market statistics:

 

  • Median home sale price has increased 26.6% over the same period last year
  • Home sale price per square foot has increased 19.1% over the same period last year
  • Median home sale price is up $191,500 over last year
  • Average listing price for homes for sale in La Jolla is $2,799, 320

 

With sales prices gaining momentum, investing now in a La Jolla home makes perfect sense. Many of those who bought last year have seen a 20% or more increase in their home values. For a current listing of homes available in La Jolla and a personal consultation, please call my office to schedule an appointment. We can find you the perfect home and the right price to start off 2014!

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