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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for La Jolla, California

Reported by Kristian Peter, CEO / Broker

Updated May 11, 2012.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Gorgeous vistas, coves, bluffs and beaches combine with fantastic employment opportunities, low crime, great schools and beautifully maintained homes have kept property values high in this luxury community. In fact, La Jolla was largely unaffected by the distressed housing market. Currently, only 1% of active properties in La Jolla are bank owned and only 4.5 % are in short sale. Single family homes in this neighborhood start at around $700,000 and go up to the tens of millions.

The market in La Jolla shows an abundance of active properties, with relatively fewer buyers. With more than 400 active properties, only about 200 have sold in the last few months. The market in this area definitely favors buyers, if you have the funds to purchase in this premium locale.

We can provide you detailed market information by property type. Knowing the market is our specialty. We invite you to contact us for more information and to interview us for the very important job of being your agent!


ZIP Codes: Enter, your, zip, code, here

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Location Characteristics: La Jolla Market Conditions
With pristine beaches, gourmet restaurants and luxury shopping, living in La Jolla is like being on a permanent vacation. These attributes serve to make La Jolla one of the premiere real estate destinations in Southern California. The abundance of beautiful properties is a homebuyer's dream.
Gorgeous vistas, coves, bluffs and beaches combine with fantastic employment opportunities, low crime, great schools and beautifully maintained homes have kept property values high in this luxury community. In fact, La Jolla was largely unaffected by the distressed housing market. Currently, only 1% of active properties in La Jolla are bank owned and only 4 % are in short sale. Single family homes in this neighborhood start at the mid $700,000s and go up to the tens of millions.
The market in La Jolla shows an abundance of active properties, with relatively fewer buyers. With more almost 300 active single family homes, only about 70 have sold in the last few months. The market in this area definitely favors buyers, if you have the funds to purchase in this premium locale.
We can provide you detailed market information by property type. Knowing the market is our specialty. We invite you to contact us for more information and to interview us for the very important job of being your agent!



For More Information:

View Market Conditions of other areas served by Kristian Peter

Navigate: Top > California > La Jolla

About Kristian Peter:
I've been a real estate specialist for the past 18 years, and have closed over 800 transactions per year EACH of the last 3 years in a ro. From buyers, to sellers, to investors, all of your real estate needs are handled with the best real estate innovation available. My team and I are ready to assist you!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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