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La Jolla Real Estate Stays Steady

September 16, 2014 BY Utechservs

7400-5La Jolla Luxury HOmeF130038831_801_93or the majority of 2014, the real estate market has remained steady in comparison to 2013. While there have been small decreases and increases throughout the year when compared to the same period last year, it general both median home sales price and the average listing price have been steady. For the period ending September, 10th, here are some of the real estate statistics for La Jolla:

 

  • Median home sales price. Over the same period last year, the median sales price is almost the same, with only a slight increase of .04%.
  • Average listing price. Once again, the average listing price is also steady over last year, with an increase of 2.7% or $77,126 over homes listed the same period in 2013.
  • Average price per square foot. The average price per square foot increased 4.6% on homes this year over homes in the same period last year.

 

In real estate, steady is a good sign, showing that the homes are maintaining value. After a volatile few years, it is great news for home buyers and sellers in La Jolla that this market is holding steady with slight increases. If you are looking for a home for sale in La Jolla or have a home you are looking to sell, please let me help you get the most out of your transaction!

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