Tuesday, September 3, 2013

Comparison La Jolla Real Estate in 2012 vs 2013

The La Jolla Real Estate Market is constantly improving! There were a total of 185 Sales in the first 6 month of 2013 compared to 170 the year before. The lowest price a single family home sold in La Jolla for $625,000 compared to $485,000 in 2012. The Luxury Market in 2013 is back as well with the highest La Jolla ocean front sale of $12,800,000 compared to $7,050,000 the year before. The average Market time is cut by 1/3 as well down to 62 days 2013, while it took 94 days to sell a la jolla home in 2012. Average Sales price is up 10% to 1,826M in the first 6 month of 2013, in 2012 the average Sales price was at 1,646M. And last but not least, the average paid price per square foot is now at $665, up from $599 in 2012. The La Jolla Real Estate market had a great comeback and cash is still King in La Jolla! 36% of all transactions in 2013 sold all cash, a total of 68home buyers purchased their home with no home loan involved. Our newest Listing in La Jolla is on Soledad Mountain Rd, listed at $1,175M. Click here to get to the La Jolla listing. For more information about the La Jolla Real Estate market, specific La Jolla neighborhood information or to sell your home in this upward La Jolla market feel free to send us an email, oliver@prusd.com or give us a call 760 805 9336. http://youtu.be/8mk3sE8dAtc

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