La Jolla Real Estate Homes and Condos

La Jolla Real Estate Homes and Condos

San Diego Real Estate

Market Conditions in La Jolla for December 2007

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Homes for Sale in La Jolla California Real Estate Update

Inventory Check for La Jolla December 2007
Active Homes on the Market

December 2007 166 La Jolla Homes

Inventory of homes for sale in La Jolla, San Diego shows us that there are 166 La Jolla homes for sale in December of 2007. The average list price for these active La Jolla homes is $3,953,472 with average days on market of 115 days. more at .... SAN DIEGO HOMES BLOG

La Jolla Homes Sold by Year
2004, 2005, 2006, 2007 Year to Date

Year # SOLD Average Price Avg. DOM

2007 273 YTD $2,194,749 78
2006 305 $2,166,727 76
2005 365 $2,268,559 79
2004 405 $1,917,646 79

The number of La Jolla homes sold so far this year compared to sales from previous years is lower. The first 11 months show that 273 homes have sold so far in 2007 compared with 305 homes sold in 2006, 365 homes sold in 2005 and 405 La Jolla homes in 2004. The numbers from December 2007 should fall just short of 2006 numbers which is good compared to many other areas of San Diego County. The average La Jolla sold price this year is at $2,194,749 and is higher than last years average and not that much lower than the 2005 average. Essentially the house values in La Jolla have held just fine on average. Market time for 2004 thru 2007 has remained almost the same which is a very good statistic showing homes are selling in La Jolla "time wise" as good as they did in the past 4 years and property values in La Jolla are strong.

La Jolla Homes Sold by Month
3 Months of La Jolla Real Estate Data

Year Month # SOLD Avg. SOLD Price Avg. DOM

2007 November 18 Homes $2,638,555 91
2007 October 19 Homes $2,739,855 97
2007 September 19 Homes $1,870,315 77

La Jolla 92037 Zip Code in San Diego had 18 homes close escrow in November of 2007. There are currently 166 homes on the market for sale in the San Diego Multiple Listing Service for 92037 La Jolla. In November of 2007 the average sold price was $2,638,555 and those homes were marketed on the average of $2,886,362. The lowest closed home was sold at $600,000 while the highest closed home in 92037 was $17,000,000 and has 5 bedrooms and 6.5 baths and has 10,784 square feet and is on Whale Watch Way. The average time on the market in La Jolla for November 2007 was 91 days with the longest being 274 days.

There are 25 homes in escrow in La Jolla now in December of 2007. The average marketed price is $3,017,301 and the lowest priced La Jolla home in escrow is $775,000 and the highest priced home in escrow is $15,000,876. La Jolla has some of the most expensive real estate in San Diego. The average days on market are 91 days for homes in escrow. There were 16 expired homes, 11 cancelled homes, and 10 withdrawn homes in the month of November in La Jolla.

There are currently in December 2007, 166 La Jolla homes on the market for sale. The average list price is $3,953,472 with the lowest priced La Jolla home being $795,000 and the highest priced La Jolla home on the market is $25,950,000. The average days on market are 115 days. For detailed information on La Jolla Real Estate please contact Dawn Sells San Diego!

Condos for Sale in La Jolla

Inventory Check for La Jolla 2007
Active Condos on the Market

December 2007 226 La Jolla Condos

Currently there are 226 condos available for sale in La Jolla and 34 La Jolla condos in escrow.

La Jolla Condos Sold by Year
2004, 2005, 2006, 2007 Year to Date

Year # SOLD Average Price Avg. DOM

2007 296 YTD $800,666 93
2006 309 $814,713 90
2005 595 $680,489 65
2004 496 $836,759 62

So for this year there have been 296 condos sold in La Jolla San Diego. There's still one month of sales left in 2007 and the sales for 2007 should come close to or exceed the 309 La Jolla condos sold in 2006. Prices for condos in La Jolla are about the same as last year on average and still over $100,000 more than the 2005 average sold price. Days on market are about the same as last year and quite a bit higher than 2004 and 2005 averages.

La Jolla Condos Sold by Month
3 Months of La Jolla Real Estate Data

Year Month # SOLD Avg. Price Avg. DOM

2007 November 21 Condos $934,519 67
2007 October 25 Condos $724,912 83
2007 September 28 Condos $898,857 78

La Jolla Condos and Town homes update shows that 21 condos closed escrow in November of 2007. Out of the 21 condos sold in La Jolla in November the average sales price was $934,519 while the average marketed price was $980,646. The lowest priced condo sold in La Jolla CA was $215,000 and was a studio condo with 1 bath and 483 square feet. The highest priced condo sold in La Jolla was at $2,681,250 and was a 4 bedroom 3.5 bath condo with 3,307 square feet on Ravina Street. The average market time before entering into escrow was 67 days with the longest being 223 days and the shortest being 0 days.

There are currently 34 condos in escrow in 92037 with an average list price of $977,188 and an average DOM "Days on Market" of 90 days. The lowest priced La Jolla condo in escrow is $275,000 and is a 1 bedroom 1 bath condo with 848 square feet on Torrey Pines Road. The highest priced condos in La Jolla in escrow is priced at $2,600,000 and is a 2 bedroom 2 bath condo with 1,932 square feet located on Coast Blvd with ocean views. There were 21 expired listings, 13 cancelled listings and 5 withdrawn listing that were condos in the La Jolla Area for November of 2007.

There are currently 226 condos for sale in La Jolla. The average sales price for a condo in La Jolla is $940,087 with 137 average days on the market. The lowest priced condo is $229,000 and is located at Via La Jolla and is a 500 square foot La Jolla studio. The highest priced condo on the market is variable ranged priced between $4,900,000-$5,500,000 and is a 2 bedroom 2 bath condo with 2,444 square feet on Coast Blvd.

La Jolla has a large inventory of condos, sales numbers are about the same as last year but way down from 2005 and prices are slightly lower than 2006 on average. When you need help with your La Jolla Real Estate purchase or sale please contact Dawn Sells San Diego - We're ready to help.

All data retrieved from Sandicor and is believed to be reliable but not guaranteed.