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State of the La Jolla Real Estate Market and La Jolla Homes for Sale!

By lajollahomes | March 20, 2012

La Jolla Summary

The Market is ACTIVE with buyers out in droves and, with interest rates at historical lows, finally confident enough to commit to a purchase. Prices have not increased so this is a superb time to invest. We believe prices are bouncing along the bottom.

The median sales price for homes in La Jolla CA for Dec 11 to Feb 12 was $812,500. The median price of $812,500 for home sales prices in La Jolla from Dec 2011 to Feb 2012 representsĀ  a decrease of 9.6% compared to 2011.

Sales prices are down 20.3% over the last 5 years in La Jolla. The average listing price for La Jolla homes for sale in La Jolla was $2,176,777 for the week ending Mar 07, which represents an increase of 2.9% Average price per square foot for La Jolla homes sold was $509, an increase of 2.2% compared to the same period last year.

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