La Jolla Stats for November
$1,975,000. That was the average sales price in November, for a single family home, in La Jolla. For those looking for something smaller or less maintenance, you can find a condo at an average sales price of $660,000.
Sales volume for the last 11 months was up 1% from 2009. Even better news, single family home sales were up 7% from 2009. The opportunity to get a good deal on a property is still there as foreclosures were up by 30% from 2009.
■Number of properties sold in 2010- 1.5 Mil and above- 119 (down 13% from 2009)
■Number of properties sold in 2010- $2.0 Mil and above- 63 (down 19% from 2009)
■Number of properties sold in 2010- $3.0 Mil and above- 26 (down 32% from 2009)
■Number of properties sold $5.0 Mil and above 9 (up 22% from 2009)
The median price for a single family home was $1,350,000 while the median price for a condo was $503,000.
November only La Jolla sales was 40, compared to 52 in November of 2009.
1990 Median home in La Jolla was $640,000
1996 Median home in La Jolla dropped to $460,000
2006 Media Home in La Jolla was $1,750,000 up 400% from 10 yrs earlier
2010 Median Homes are at $1,350,000….still not a bad climb from 1996 300%
For more information about home sales in La Jolla or the surrounding areas, feel free to contact us. We would be happy to help!
