What Happened in the La Jolla Real Estate Market in December 2011?

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla is often compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate – A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla

Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village

Having current, local information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in La Jolla. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 50 homes sell in December 2011, up 39% from November sales. Here’s a summary of the real estate activity (these MLS summary data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market increased significantly, by 39%, from November sales, which is similar to the pattern of increased sales we saw in some other North County communities in December.

Average sales prices declined for detached homes, but interestingly the most expensive home sold in La Jolla in all of 2011 sold this month, at $14,097,000. Buyers are still negotiating for their homes, off list price by 5 – 11% on average.

32 La Jolla homes (9% of the total) had a contingent status at the end of December (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 346 La Jolla homes on the market at the end of December, a drop by 10% from November, the 4^th month of decline and a pattern we are seeing on other North County San Diego coastal communities. This translates into an inventory of 8.8 months for detached homes (down from 9.9 last month), and 6.1 months for attached (down from 6.7 months in October), based on the rate of sales over the last 6 months. Thus the La Jolla real estate market continues to become even more competitive for buyers.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

40 homes entered the La Jolla real estate market in December, 31% fewer than in November, perhaps not surprising given the holiday season, with 23 homes going pending, 39% fewer than the number of November pendings, again a pattern we see echoed in other communities.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and their market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

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La Jolla Homes for Sale – What Happened in the La Jolla Real Estate Market in November 2011?

La Jolla Homes for Sale | What Happened in the La Jolla Real Estate Market in October 2011?

La Jolla Homes for Sale | La Jolla Real Estate Market Report for September 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for August 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for July 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for June 2011

What Happened in the La Jolla Real Estate Market in November 2011?

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla is often compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate – A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla

Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village

Having current, local information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in La Jolla. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 36 homes sell in November 2011, down 31% from October sales. Here’s a summary of the real estate activity (these MLS summary data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market declined by 31% from October sales, which contrasts to the pattern of increased sales we saw in many North County communities in November. Interestingly this is just about the same volume as in November 2010.

Average sales prices also increased, especially for detached homes, no doubt due to the sale of 2 expensive homes at $7M and $12M which drove up the average. The overall average price of a La Jolla home is THE SAME as in November 2010. However, the average price of a detached home was significantly higher, in part due to those 2 high end sales this past month. Buyers are still negotiating for their homes, off list price by 5 – 8% on average.

36 La Jolla homes (9% of the total) had a contingent status at the end of November (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 384 La Jolla homes on the market at the end of November, a drop by 10% from October, the 3^rd month of decline, again a pattern we are seeing in other communities. This translates into an inventory of 9.9 months for detached homes (down from 10.3 last month), and only 6.7 months for attached (down from 7.3 months in October), based on the rate of sales over the last 6 months. Thus the La Jolla real estate market continues to become more competitive for buyers.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

58 homes entered the La Jolla real estate market in November, 24% fewer than in October, perhaps not surprising given the holiday season, with 38 homes going pending, half the number of pendings as in October (down 49%).

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and their market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

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La Jolla Homes for Sale | What Happened in the La Jolla Real Estate Market in October 2011?

La Jolla Homes for Sale | La Jolla Real Estate Market Report for September 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for August 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for July 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for June 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for May 2011

What Happened in the La Jolla Real Estate Market in October 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate – A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla

Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 52 homes sell in October 2011, up 18% over September sales. Here’s a summary of the real estate activity (these MLS data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market rose 18% over September sales, especially for detached homes. In contrast, a pattern we often see, average sales prices declined across the board. Buyers are still negotiating a bit for their homes, off listing price by 5 – 8% on average.

35 La Jolla homes (8% of the total) had a contingent status at the end of October (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 427 La Jolla homes on the market at the end of October, a drop by 14% from September, the 2^nd month of decline, also seen in other communities. This translates into an inventory of 10.3 months for detached homes (down from 11.4 last month), and 7.3 months for attached (down from 7.6 months in September), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

76 homes entered the La Jolla real estate market in October, about the same as in September (down by 2), with 76 homes going pending, an increase in pendings of 46%.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

READ MORE:

La Jolla Homes for Sale | La Jolla Real Estate Market Report for September 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for August 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for July 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for June 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for May 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for April 2011

La Jolla Real Estate Market Report for September 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate – A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla

Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 44 homes sell in September 2011, nearly the same as last month (45). Here’s a summary of the real estate activity (these data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market changed little from last month overall, a pattern we also saw in August. In contrast average sale prices declined for detached homes but increased for attached homes. Days on market did not shift substantially.

30 La Jolla homes (7% of the total) had a contingent status at the end of September (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 446 La Jolla homes on the market at the end of September, a drop by 10% from August. This translates into an inventory of 11.2 months for detached homes (down from 11.4 last month), and 7.6 months for attached (down from 8.6 months in August), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

78 homes entered the La Jolla real estate market in September, 10% fewer than in August, with 52 homes going pending, almost 4 times the number that went pending in August (14).

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

READ MORE:

La Jolla Homes for Sale | La Jolla Real Estate Market Report for August 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for July 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for June 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for May 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for April 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for March 2011

La Jolla Homes for Sale – La Jolla Real Estate Market Report for August 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate – A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla

Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 45 homes sell in August 2011, nearly the same as last month (47). Here’s a summary of the real estate activity (these data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market changed little from last month overall. But in contrast average sale prices rose substantially across the board. This is, in part, due to the sale of an $11,550,000 home, the most expensive home sold in 2011 so far.

32 La Jolla homes (6% of the total) had a contingent status at the end of August (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 493 La Jolla homes at the end of August, just 1% below July; 58% of these are detached single family homes. This translates into an inventory of 11.6 months for detached homes (down from 11.9 last month), and 8.6 months for attached (down from 93.6 months in July), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

86 homes entered the La Jolla real estate market in August, fewer than in July, with 14 homes going pending, about 1/3 the number of pendings in July.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

READ MORE:

La Jolla Homes for Sale | La Jolla Real Estate Market Report for July 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for June 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for May 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for April 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for March 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for February 2011

La Jolla Real Estate Market Report for July 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, “The Jewel,” is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate – A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California – Forever Views of San Diego and La Jolla

Walkable Neighborhood Series – Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 47 homes sell in July 2011, about the same as last month (46). Here’s a summary of the real estate activity (these data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market changed little from last month overall. On average sale prices fell for both detached and attached homes.

32 La Jolla homes (6% of the total) had a contingent status at the end of July (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 498 La Jolla homes at the end of July, just 1% below June, the first decline, albeit small, after 5 months of inventory increases;  56% of these are detached single family homes. This translates into an inventory of 11.9 months for detached homes (down from 12.8 last month), and 9.6 months for attached (down from 10.2 months in June), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

108 homes entered the La Jolla real estate market in July, 4% more than in June, with 44 homes going pending, a decrease by 14% from May.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

READ MORE:

La Jolla Homes for Sale | La Jolla Real Estate Market Report for June 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for May 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for April 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for March 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for February 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for January 2011

La Jolla Real Estate Market Report for June 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, "The Jewel," is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate - A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California - Forever Views of San Diego and La Jolla

Walkable Neighborhood Series - Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 46 homes sell in June 2011, about the same as last month (47). Here's a summary of the real estate activity (these data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market from last month overall, but detached home sales increased while attached homes sales declined. Average sakes prices rose significantly for attached homes, but declined for detached.

31 La Jolla homes (6% of the total) had a contingent status at the end of June (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 504 La Jolla homes at the end of June, 2% more than in May, the 5^th  month of inventory increases;  57% of these are detached single family homes. This translates into an inventory of 12.8 months for detached homes (up from 12.3 last month), and 10.2 months for attached (down from 10.5 months in April), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

104 homes entered the La Jolla real estate market in June, 13% fewer than in May, with 51 homes going pending, also a decrease, by 7%, from May.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

READ MORE:

La Jolla Homes for Sale | La Jolla Real Estate Market Report for May 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for April 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for March 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for February 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for January 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for December 2010

La Jolla Real Estate Market Report for April 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, "The Jewel," is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate - A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California - Forever Views of San Diego and La Jolla

Walkable Neighborhood Series - Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 42 homes sell in April 2011, 19% fewer than last month. Here's a summary of the real estate activity (these data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market declined by 19% from last month. Average sakes prices rose fairly significantly for attached homes, but declined for detached.

22 La Jolla homes (5% of the total) had a contingent status at the end of April (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 437 La Jolla homes at the end of April, about 9% more than in March, the 3^rd month of inventory increases;  53% of these are detached single family homes. This translates into an inventory of 11.1 months for detached homes (up from 10.4 last month), and 12.1 months for attached (up from 10.9 months in March), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

110 homes entered the La Jolla real estate market in April, 13% fewer than in March, with 35 homes going pending, also a decline, by 35%, from March.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

Search for Homes for Sale in La Jolla CA

Search for Homes for Sale in Bird Rock, La Jolla CA

Search for Homes for Sale in Windansea, La Jolla CA

READ MORE:

La Jolla Homes for Sale | La Jolla Real Estate Market Report for March 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for February 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for January 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for December 2010

La Jolla Homes for Sale | La Jolla Real Estate Market Report for November 2010

La Jolla Homes for Sale | La Jolla Real Estate Market Report for October 2010

 A  Blending of Technology and the Human Spirit 

Technology enables us to do some pretty amazing things. The human spirit can as well.

When there is the will, and determination, seemingly insurmountable obstacles can be overcome. 

Such is the story of these 4 young athletes.

Just consider, if you can even imagine, what you see before you!!

 I suspect we all take our mobility for granted. We can walk, or run, wherever we want. We can hike through beautiful forests or up the sides of mountains, take leisurely strolls with a loved one along the beach in the sunset. 

We go shopping, out for dinner, on art walks, to fairs and festivals. We play yard games with our friends and family. We take a child to school, walk a daughter down the aisle. 

Imagine, if it's possible, all this we take for granted, and give little thought to, ripped from our lives by some horrible accident or disease. 

Imagine a major part of your body, your anchor to the earth, your ability to go wherever you want and whenever you wish, gone forever.

These 4 young athletes have lived through just that.

They no longer have to imagine what it would be like, but live it everyday, the mobile lives they gave little thought to, altered forever. And perhaps as athletes, the loss of that mobility was even more devastating. 

Thanks to amazing technology, and the will to overcome life's challenges, these 4 athletes can again run walk, ride bicycles, ski, swim, and so much more.  They are anchored to the earth again, by technology and human spirit. 

The story behind this photo is this - the Challenged Athletes Foundation (CAF), holds an annual event, the San Diego Triathlon Challenge, in La Jolla. The event is open to all, physically challenged and able boded, to raise funds to support CAF. I attended this event a couple of years ago, not as participant, but as observer and supporter. It is through CAF that athletes such as these can again have what we all give no thought to,  as well as live their dream of athletic competition. 

I wish I could truly convey what seeing this event, and athletes such as those you see before you, meant to me, and what it says about the human spirit in the face of significant challenge. 

Perhaps the photo says it all.

La Jolla Real Estate Market Report for March 2011

The La Jolla real estate market is one of the most expensive in San Diego County. A visit to La Jolla on-line, or better yet in real life, will quickly give you a good sense of why this is so.

La Jolla, "The Jewel," is an extraordinarily beautiful coastal community with many homes offering fabulous views of the ocean from the hills, and a trendy, very up-scale village offering the finest in shopping and dining. La Jolla has often been compared to the French and Italian Rivieras with wonderful ocean and coastline vistas from the hills, amazing homes, beautiful architecture, and a terrific year-round climate, attracting visitors from around the world.

READ MORE:

La Jolla Real Estate - A Jewel on the San Diego Coastline

La Jolla California - VIDEO Tour of this Jewel by the Sea

Mt. Soledad in La Jolla California - Forever Views of San Diego and La Jolla

Walkable Neighborhood Series - Real Estate in Upscale, Affluent La Jolla Village

Having accurate information on the La Jolla real estate market is essential so you can make informed decisions about your home buying and selling in the community. Like other communities, La Jolla has been hit by the downturn in the market. Despite the shift in prices, La Jolla remains an expensive real estate market, particularly for ocean view and ocean front homes.

The La Jolla real estate market saw 52 homes sell in March 2011, 63% more than last month. Here's a summary of the real estate activity (these data do not include private sales, and are believed to be accurate but are not guaranteed).

The volume of sales in the La Jolla real estate market rose substantially, by 63%, over last month. Average sakes prices also rose.

22 La Jolla homes (5% of the total) had a contingent status at the end of March (these homes are still considered active, but have offers that are being considered by either the short sale or REO lenders).

There were 437 homes in the La Jolla real estate market for sale at the end of March, about 5% more than in February, the 2^nd month of inventory increases;  51% of these are detached single family homes. This translates into an inventory of 10.4 months for detached homes (down from 11.1 last month), and 10.9 months for attached (up from 9.4 months in February), based on the rate of sales over the last 6 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

127 homes entered the La Jolla real estate market in March, 46% more than in February, with 54 homes going pending, 20% more than did so last month.

If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and the market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please let me know.

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La Jolla Homes for Sale | La Jolla Real Estate Market Report for February 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for January 2011

La Jolla Homes for Sale | La Jolla Real Estate Market Report for December 2010

La Jolla Homes for Sale | La Jolla Real Estate Market Report for November 2010

La Jolla Homes for Sale | La Jolla Real Estate Market Report for October 2010

La Jolla Homes for Sale | La Jolla Real Estate Market Report for September 2010