The San Diego Real Estate Insider Blog

San Diego real estate market trends, valuable news about short sales, including foreclosure information in the San Diego county plus much more.

March 30, 2012

Life is Good in Pacific Beach

Located just south of La Jolla and north of Mission Beach is the cool little town of Pacific Beach.   This amazing beach town is home to one of San Diego’s more popular nightlife scenes with its laidback beach bars and a favorite place for younger adults and college kids who want to live the “California dream.”  Although it has a resort feel to it and over 1,300 businesses, Pacific Beach is still a comfy fun place to call home. With its extreme beach culture, this beach community is a very diverse spot where everyone is always happy.

What the Locals Love About Pacific Beach

As one of the more desirable areas in San Diego, “PB” (as it is called by the locals) is a very healthy town because of all the outdoor activities.  Because of its popularity with metro area residents, it is much easier to get around  the town by bicycle which is a more common form of transportation for locals.

Another popular spot for runners, walkers and the like is the Boardwalk which stretches the 3.2 miles from the northern tip of Pacific Beach down to the southern tip of Mission Beach.  At the center of town, the major hub for shops and restaurants, Garnet Avenue, dead ends at the Pacific Ocean and leads straight into Crystal Pier.  There, you will find locals hanging out and talking about the huge fish or wave they caught or watching the surfers and the bathing beauties soaking up the sun.

Pacific Beach is also the home of most of the surf culture in southern California.  In fact, there is a beach that is marked for surfers only – Tourmaline Surf Park.  This park is great for all levels of surfing from novices to the most experienced surfers.

Although Pacific Beach is a young community, families still enjoy the atmosphere here.  The north end, between Tourmaline and Crystal Pier is a very family oriented section of the beach as it is much quieter and has lifeguards lining the beach.

The Residents of Pacific Beach

PB locals love where they live.  For the most part, they are young and want to enjoy beach living.  The median age of the over 40,000 residents is about 34 years old (2009 data) with a median income of just under $70K.  Additionally, over 85 percent of the residents have no kids and take “work hard…play hard” to heart.

The Lay of the Land

In Pacific Beach, the streets basically run north-south and east-west.  Although the commercial center of town runs on Garnet Avenue, Mission Boulevard is the “main drag” of town.  It runs in a north-south direction along with the other streets that are in alphabetical order and named after federal officials.  The east-west streets are named after precious stones such as Tourmaline, Turquoise, Sapphire and more. 

There are more renters living in Pacific Beach than homeowners as the median home price is around $600K.  More of the homes and condominiums that are closer to the beach tend to be investment property for vacation rentals.

Life IS Good in PB

One thing that rarely ever hear from the residents of Pacific Beach is complaining.  Even the immense amount of traffic on the weekends from area southern California residents rolls off their backs.  Why not?  This is such a fun place with so much to do and such a relaxed atmosphere.  No wonder people love living here!

March 30, 2012

What to Know if You Want to Buy or Sell Property in Pacific Beach

Pacific Beach is perfectly situated just south of La Jolla and north of Mission Beach along the Pacific Ocean.  It is comprised of quaint cottage style homes as well as architecturally beautiful homes along the boardwalk which runs with the ocean.  This popular community is a very resort-style area with over 1,300 businesses that drive the economy.  In addition to full-time residents, many people buy property for weekend and vacation homes. 

Selling Your Home in Pacific Beach

Over the past last year, median sale prices are showing signs of increasing.  Additionally, because there are so many annual renters and vacation rentals in Pacific Beach, investors like the area.  This is a good time to sell if you are thinking about it.  Single-family homes sell within two to three months at a median sale price of about $725K with condominium homes just over $400K.    

Our agents are very knowledgeable about the area as well as the market conditions.  We can help you list, market and sell your property so that you get the most for your most valuable property.   

Buying Real Estate in Pacific Beach

Buying real estate in Pacific Beach is a sound investment.  Whether you live in the community and want to move from one home to another or are looking at investing in rental property, Pacific Beach has it all.  Property is readily available for purchase from smaller one-bedroom condominium properties to large oceanfront properties, Pacific Beach.  But because the market is showing signs of a steady pick up, it is important to be ready to buy.  Using a reputable and knowledgeable agent from our firm is an excellent way to make sure you are ahead of the curve and at the right place at the right time. 

Additionally, foreclosures and short sales frequently pop up throughout Pacific Beach.  Just as with most any property on the market, it is important to be ahead of the curve with distressed properties.  Our agents have the most current information to provide you with the newest listed foreclosures and short sales so that you can buy the home of your dreams. 

Relocating to Pacific Beach

Pacific Beach affords its residents the ability to come home to paradise everyday if that is your desire.  When relocating to the San Diego area, make sure you consider Pacific Beach.  Everyone who lives in Pacific Beach is firmly planted in this oceanfront nirvana.  Our agents have all of the information you need to help make your move a success and hopefully a stress-free one. 

A Stronger Market

The Pacific Beach real estate market is moving and in the right direction.  Whether you are buying or selling, now is the time.  This town is a true blue “happy place” where its residents enjoy the simple qualities of beach living.  Check this town out to see what we mean.  It is a perfect place to live! 

March 23, 2012

Buying and Selling Real Estate in Ocean Beach

Welcome to Ocean Beach….San Diego’s answer to the ultimate, authentic beach town.  Situated just south of Mission Beach and along the Pacific Ocean, this perfect beach paradise is filled with everything do that is beach-y.    With different styles of homes, condominiums and townhouse that give shelter to locals and vacationers alike, many people who buy vacation homes here end up moving to the area permanently because of the lifestyle. 

Selling Your Home in Ocean Beach

Depending on the style of home, the real estate market in Ocean Beach is picking up steam.  The median sale price of a home here has shown consistent increases over the last year.  The number of days on the market averages about 40 days for single family homes and no more than three months for condominium properties.  Investors look strongly at this area simply because of the amount of renters in this area…about 60 percent of the residents.  Buyers feel a pull to Ocean Beach because of the lifestyle and the instant calm feeling from living here.

Consider working with one of our knowledgeable agents who can provide you with the guidance you need to sell your home quickly and profitably.  We know the area and how to market your property here.

Buying Real Estate in Ocean Beach

For many beach lovers, living at the beach is the ultimate goal.  Ocean Beach is a beach paradise that can make that dream come true.  With a median sale price for single family homes and condominiums at about $600K and $270K, respectively, this dream is realistic.  The key is to work with an agent who is familiar with the area and knows the market.  Our agents can find the perfect home in Ocean Beach to fit all of your needs.

There are several foreclosures and short sales available in Ocean Beach as well.  It is important to know when these properties are listed  and to have help with the buying process.  Our agents have the most current updates on foreclosures and short sales to help you find the perfect home for a great deal.

Relocating to Ocean Beach

Ocean Beach is a true paradise and gives its residents the chance to slow down and simply “hang out” if that is what they want or participate in a lot of water sports.  When relocating to the San Diego area, make sure you look at Ocean Beach.  With such a broad spectrum of properties and list prices, there is something to fit every budget.  As soon as you get here, you will see what we are talking about.  Any agent at our office can help you with your relocation by providing all the necessary information you need to make the move as stress-free as possible.

Come visit Ocean Beach.  Once you get here, you will be hooked and want to live here for the rest of your life.

March 23, 2012

Life’s a Beach in Ocean Beach

People live in or move to Ocean Beach in an effort to slow down and live in a slow-paced, small beach community.  Ocean Beach is a “beach town” in the truest sense of the word.  Established in 1887 as one of San Diego’s oldest communities, it is located a few miles northwest of San Diego and south of Mission Beach.  It encompasses about 1.4 square miles and features a casual downtown area that borders the water.  The town’s main attraction is the Ocean Beach Municipal Pier which is the longest pier on the West Coast.

The population of Ocean Beach is about 12,000 with the residents’ average age at about 31 years old.  With a median household income of just under $50,000, the residents of Ocean Beach enjoy living a very laid-back lifestyle and having the free spirit attitude of the 1960s and 1970s.

Community Highlights

As an authentic beach town, Ocean Beach is comprised of a mix of condominiums, townhomes and single family homes.  From the quaintest beach cottages in town to the most beautiful, large estates high atop Sunset Cliffs, Ocean Beach offers an eclectic mix of real estate to satisfy anyone interested in moving to the area or from one home to another in Ocean Beach.

Ocean Beach has an eclectic business district filled with one-of-a-kind shops as well as great antique shops.  The residents of Ocean Beach, fondly referred to as “OBceans,” vehemently oppose any large chain or corporate businesses setting up shop here so as not to disturb the local flavor of town.

In terms of local highlights, there are several annual events such as the OB Chili Cook Off, Christmas Parade, Fourth of July Fireworks, OB Kite Festival, and more.  An interesting fact about Ocean Beach is that the original Dog Beach is located here and set forth the creation of many dog parks throughout the US.  Many dog owners can be found at Dog Beach most any afternoon with their beloved pooches. 

The Real Estate Market in Ocean Beach

The latest information shows that the median sale price for single family homes in Ocean Beach is just under $600K and about $275K for condominiums.  As for the average number of days on the market, single family homes are snapped up quickly only sitting on the market for about 40 days while condominium and other attached homes stay on the market about 110 days or so. 

List prices of condominium homes in Ocean Beach start in the mid-$100s for smaller, one-bedroom units like those at Point Loma Villas and the mid-$200s for two-bedrooms at Sea Colony, Harbor Villas and Bay Pointe.  Larger condominium homes at Udall Villas, Chatsworth Manor and Keystone Point start in the upper-$400s and climb to over $800K.  As for single family homes, list prices typically start in the mid-$500s in the Point Loma area and the upper-$800s in Fleetridge and Sunset Cliffs with them topping out at well over $10 million.

A Flower Child Life in Ocean Beach

No matter the style of home you prefer or the amount of money you want to spend, one thing that all residents have in common is their love for Ocean Beach and their simplistic love of life.  If you crave a slower pace in your life all the time, during part of the year, at the end of the day or on the weekends, Ocean Beach is where you want to be.  With such a broad spectrum of prices for real estate and such affordable property, it is easy to see why so many gravitate to this part of southern California.

March 23, 2012

Authentic Beach Life in Ocean Beach

Do you ever think about what it would be like to be a beach bum in the truest sense of the word?  Living in Ocean Beach is as close as it comes to living in true-blue beach town.  With an open and relaxing atmosphere, Ocean Beach is exactly the beach town you imagine it would be. The main street, Newport Avenue, features unique, eclectic shops and is just steps from the Pacific Ocean.  In fact, when driving through the business district, you will find there are predominantly individually owned retail businesses along the streets mainly because the community is very opposed to popular corporate retailers and restaurants opening in Ocean Beach. 

Appealing Draws to Ocean Beach

Ocean Beach is full of attractions that are favorites of locals and southern California residents.  One of the most favorite draws is the original Dog Beach after which other coastal areas mirrored their dog beaches.  Another favorite is the Ocean Beach Pier.  Although it is definitely a popular tourist destination, locals can be spotted at one of the shops located along the walk, fishing, or walking the half-mile out to the end of the pier. 

In terms of retail, Newport Avenue and the Ocean Beach Antiques District are true favorites of everyone.  It is easy to spend a whole day meandering through the unique antiques stores and other retail shops finding treasures big and small.

With all that this beach-lover’s paradise has to offer, it is worth noting another key component of Ocean Beach…the “beach flies.”  Beach flies are harmless old men who hang out on the sea wall and love to tell stories living on the beach in days gone by.

In addition, the residents of Ocean Beach flock to annual events like the Christmas Parade, OB Chili Cook-Off, and the annual Fourth of July Fireworks.  These events also attract many San Diego area residents.

OBceans – What the Locals Call Themselves

As an authentic “beach town,” Ocean Beach pulls at the souls of many people whether from the San Diego area or anywhere else.  The desire to live on “island time” is a strong one for some people and, on the west coast of the United States, this is the place to live. Ocean Beach is a true flip flop town that brings out the “barefoot flower child” in each and every person who moves here. Quick facts of the over 12,000 OBceans are that the average age of the residents is about 31 years old; less than 20 percent are married; and, the median household income is just under $50,000.  For the residents of Ocean Beach, like those from most other small, laid back beach towns, they live a very simple life doing fun easy things like hanging at the beach or biking around town when they are not at work. 

Where Everyone Lives in Ocean Beach

Ocean Beach is, for all intents and purposes, a neighborhood in and of itself.  It is comprised of everything from condominiums to small, quaint beach cottages to duplexes to large oceanfront homes.  Favorite areas for Ocean Beach real estate is in the Point Loma area, Fleetridge and Sunset Cliffs.  But no matter where the residents live, they all have an unpretentious attitude and live the same kind of life in this town.

Oh to Be an OBcean

No matter where you come from or what brings you to Ocean Beach, one thing that is true for everyone…you will never want to leave this paradise.  There is nothing like living at or near the coast.  Living in Ocean Beach is something that the residents can try to explain but until you actually live here, you will not understand.  It is a wonderful life and is a shame that not everyone can have the chance to be a beach bum!

March 19, 2012

Buying or Selling a Home in Southern California’s Surfside Paradise

Located in between Pacific Beach and Ocean Beach, Mission Beach is situated on a sandbar with the Pacific Ocean on the west side and Mission Bay on the east side.  This town is filled with homes, condominiums and townhouses that house locals and vacationers alike.  Mission Beach has become a very popular area over the years and continues to grow.  Many people who buy vacation homes here end up moving to the area permanently because of the lifestyle. 

Selling Your Home in Mission Beach

For sellers, real estate in Mission Beach is a popular commodity.  Investors look seriously at this area because of the number of vacationers during the summer.  For full-time residents, there is a draw to Mission Beach for the laid back lifestyle.  Typically, single-family homes sell within two to three months at a median sale price of about $1.1 million while condominium properties take a month or so longer and have a median sale price of just under $1 million. 

As with most real estate these days, it is always a good idea to work with a real estate agent because of the market conditions as well as the location of the property in Mission Beach.  Our agents are very knowledgeable with Mission Beach real estate and know how to develop a plan to list and sell your property to get the most out of your investment.

Buying Real Estate in Mission Beach

If you have a strong pull towards living at the beach and want a laid back lifestyle, then Mission Beach is the place for you.  There are many available properties in Mission Beach but they go quickly.  Median sale prices are increasing making it a good time to buy.  It is important to know that timing is crucial because homes sell quickly here.  Our agents can provide you with the latest information about homes listed for sale as well as help you get the most home for your investment.

As for foreclosures and short sales, there are opportunities to buy distressed properties at lower prices pop up every now and then.   Any of our agents have the most current updates on distressed properties and can help you find the perfect home for a great deal.

Relocating to Mission Beach

Mission Beach offers the lifestyle that most people consider a pipe dream.  If you are relocating to the San Diego area, visit this true paradise.  There are so many opportunities to own real estate that fits many standards of living.  One thing that is for sure is that once you get to Mission Beach, you do not want to leave.   Any agent at our office can help you with your relocation by providing all the necessary information you need to make the transition as smooth as possible.

Make sure you consider Mission Beach as your new home.  It is such a great place to live with friendly and welcoming people.  This is true beach living like you have never experienced!

March 19, 2012

Living in Mission Beach

Mission Beach, a community located within the city limits of San Diego, is a classic, beach town situated on a sandbar that is bound by the Pacific Ocean to the west; Mission Bay to the east; Pacific Beach to the north; and, the San Diego River estuary to the south.  It encompasses two miles of ocean front.  With its boardwalk extending the length of the town and the world famous Belmont Park reputation as the hub of the town, Mission Beach’s look is very similar to that of the classic Atlantic Coast beach towns like Coney Island and Atlantic City. 

The population of Mission Beach is about 46,000 with the residents’ average age at about 31 years old.  With an average household income of just under $70,000, the residents enjoy the fruits of their labor participating in all of the beach sports and activities the community has to offer.

Community Highlights

This quaint beach town is comprised of the typical resort area real estate such as condominiums, beach cottages and single family homes mostly situated on the bay front or beach front sides of the town.  It is interesting to note that most of the locals live on the bay side of the town.  Additionally, the area is divided, by the locals, into two sections – North Mission Beach and South Mission Beach. 

“North Mission” is more of the resort part of the community with newly upgraded homes, cottages and condominium homes.  This end also plays home to more of the rental properties as Mission Beach’s popularity continues to grow as a vacation destination for people from the neighboring western states.  Also, this end is closer to the necessary conveniences such as grocers and other businesses located in Pacific Beach.  All of this makes this part of Mission Beach very enticing to investors seeking vacation rental property.

On the south end of Mission Beach, locals are more prevalent than vacationers.  Despite all of the action and events of the Old Mission Beach Athletic Club (OMBAC), “South Mission” is much more subdued than the north end.  This end is defined by the eclectic cottages and large stretch of beach extending from the boardwalk to the Pacific Ocean.  Additionally, fishermen are a frequent site on the jetty which extends out into the San Diego estuary off the southernmost point of Mission Beach. 

An interesting fact about Mission Beach is that it is the most densely developed residential area in San Diego.  It also contains the smallest lots in the entire area as well with each acre containing up to 36 dwellings.  Most of the homes in Mission Beach were built in the 1930s and 1940s with many being renovated and upgraded to offer more modern conveniences.  Some that were built in the early 1920s were designed as airplane bungalows and featured that bungalow style with a second floor added as upstairs bedrooms or lots.   More and more, older homes on properties are being gutted in order to build newer more contemporary homes to attract vacationers.

The Real Estate Market in Mission Beach

Over the last six months, the median sales price for single-family homes in Mission Beach has been about $1.1 million with condominium and other attached property selling at around $900K.  The average number of days on the market for each is about 69 days for single-family homes and 150 for condominiums.

The north end of Mission Beach is very popular with real estate investors because of its popularity with vacationers as is the beach side.  Locals tend to gravitate to the bay side as well as the south end of the community.

List prices of condominium homes in Mission Beach start in the upper-$200s for small, dated units to about $3 million for newly built condominium homes along the beach with perfect views.  As for single family homes, list prices typically start around the $500K mark and climb to well over $10 million for elegant homes with views to kill.  The average list price is usually around $1.1 million for single family homes and about $1 million for condominium and other attached dwellings. 

Strong Consideration for Mission Beach

Mission Beach real estate appeals to investors and those who want to slow down and enjoy a simple beach life.  With lots of real estate that have strong rental histories and perfect property for full time residents or those wanting a weekend or summer home, this area has something to offer everyone.  Make sure you check out Mission Beach….you may never want to leave!

March 19, 2012

Mission Beach – Classic Beach Living

Also known as “the Strand,” Mission Beach is a community located within the San Diego city limits that is built on a sandbar between the Pacific Ocean and Mission Bay.  This small community measures 50 blocks long and just three blocks wide and is “beach living” in its truest form.  It is often compared to classic beach towns on the other side of the country like Coney Island and Atlantic City. 

Attractions of Mission Beach

Mission Beach is most widely known for its boardwalk and amusement park, Belmont Park.  This landmark features traditional and modern rides as well as the huge world famous Big Dipper roller coaster, the Wave House wave pool, and other thrilling rides in addition to lots of places to eat and drink.   It is such a fun park and attracts even the most settled residents of the community…not to mention visitors from all over.

In addition to the park, Mission Beach is one of the best areas for beach goers.  The water is ideal for swimming, surfing, and all sorts of water activities.  A popular spot for divers is situated a half-mile off the southern end of Mission Beach where old shipwrecks were dropped into the water to create artificial reefs in an effort to preserve sea life.

Because the love for the beach and beach oriented sports, Mission Beach and the Old Mission Beach Athletic Club (OMBAC) play host to the Over the Line tournament held twice a year as well as the annual “Coming Out” Party which raise money for charity.  The OMBAC is a club with about 500 active members who support several athletic, social and charitable associations in the community.

Residents of Mission Beach

People who live in or move to Mission Beach have one common characteristic among them…they want to live a beach lifestyle.  Living here gives them that opportunity.  Mission Beach is known for its simplicity and laidback way of doing things.  Because of this, the residents are a diverse group of free spirited artists, writers and such as well as sports enthusiasts, families and middle aged professionals who have a yen to feel younger. 

Neighborhoods

Locals in Mission Beach refer to the community in two sections – North Mission Beach and South Mission Beach.  Each area features a slower beach lifestyle but more homes are located on the north end of the area.  The north end also plays home to shops, restaurants, smoothie bars (of course a California beach has smoothie bars!) and fun night life.  On the southern end, residents find a similar look but an even slower pace of life.  There fishermen casting their lines off the jetty at the southernmost end is a common occurrence.

Loving Life in Mission Beach

Without a doubt, the best way to slow down and enjoy a simple way of life is to move to a beach community.  And, Mission Beach is a beach town in the truest sense of the word.  This area is probably one of the most laid back areas in all of southern California…heck, the whole state.  Take some time to visit this area and see what all the fuss is about.  After a few days here, you will definitely want to move or stay here for the rest of your life.

March 17, 2012

Buying and Selling Real Estate in La Jolla

La Jolla is a popular town in Southern California as well as the country for the more affluent real estate buyer.  This charming town is a beautiful place with the most picturesque views of the Pacific Ocean and features the most unique shops and restaurants in several of the small communities within the town itself.

Selling Your Home in La Jolla

Whether you are moving out of town or simply want to upgrade your home, the latest statistics show that it is a good time if you are considering selling your home in La Jolla.  Because the market showed a solid month to month increase of 21 percent in terms of median sold price and 15 percent increase for the same year to year, the market is making a comeback.  Additionally, the number of days on the market is at about 130 days which shows that homes stay on the market for only a few months.  There are definitely buyers out there for properties of this caliber.  Our agents know how to list, market and sell a home those in La Jolla.  Give us a call to devise a plan for you.

Buying in La Jolla

Now is the time to buy a home in La Jolla, if you have that ability.  The market has begun to turn around and because the median sale prices have shown solid increases, serious buyers need to make the move before the prices increase become much more substantial.  There are several options from which to choose in terms of style, size and view although most any home in La Jolla has a nice view.  While there are condominium homes in La Jolla, they are not as plentiful as single family homes so if that is what you want, take advantage of it when you see it.  They sell within three to four months and do not come available as frequently as single family homes do.

In terms of distressed properties, there are always several on the market for sale.  If you do not mind the red tape that accompanies buying a distressed property and have patience, this is an excellent way to buy a home in La Jolla at a lesser price than normally paid. 

Our agents are very knowledgeable about La Jolla and can provide you with the guidance to buy a home in this wonderful paradise.  Give us a call and we will get started helping you find the perfect home.

Relocating to La Jolla

If you are relocating to Southern California and want to live in an exclusive area, La Jolla is the place to be.  This is undoubtedly the most luxurious yet laid back and friendly town in all of Southern California.  With so many options for your residence, you will definitely find your dream home here.  Plus our agents can help you with your relocation to the area in terms of the logistics of setting up a home here as well.

Make the Decision

La Jolla is one of the most beautiful locales in Southern California.  With median sale prices on the incline, it is a great time for sellers and buyers.  The thing to remember is that once you have made the decision on a home be ready to act. 

March 17, 2012

The Cream of the Crop – Real Estate in La Jolla

The real estate market in La Jolla showcases some of the most beautiful and desirable estates in the country.  As one of California’s most popular resort towns, this picturesque community features some of the most expensive homes in the country.  Situated on a hillside in Southern California, La Jolla features some of the most charming cottages, sprawling estates set along the Pacific Coast and everything in between.  The common denominator of all of these properties is their above average price tag.  In fact, in 2009, La Jolla had the highest average sale price in the United States at $2.1 million.

Neighborhoods in La Jolla

La Jolla offers communities with different features that attract many different types of buyers.  While all of the neighborhoods in this affluent community are considered to be exclusive, some are more so and come with a much higher price tag than others.  The homes and condominiums priced on the lower end are still deemed to be priced higher than most communities around the metro area.

List prices and home values are, for the most part, based on the homes’ views of the water and San Diego skyline.  With that in mind, the most exclusive areas of La Jolla with the best views are Country Club, Hidden Valley, La Jolla Farms and La Jolla Shores and La Jolla Heights where single-family homes start around the $1 million mark and climb into the tens of millions of dollars.  It is not uncommon for real estate in La Jolla Shores to top $20 million.   Condominium homes in these same neighborhoods tend to start in the middle to upper-$700s but can be found at the half-million dollar mark making it more affordable for some to have a La Jolla address.  Two other coast areas of La Jolla which are probably the most exclusive, are Lower Hermosa and Muirlands where, when they are available for sale, will start in the mid-$1 millions in Lower Hermosa and $2.5 million in Muirlands.

Oceanfront communities like Bird Rock and Beach-Barber are more eclectic, beach-y communities where single family homes start at about $1 million and go up depending on the view.  For condominium homes, some start as low as $350K and climb.  It is important to note that the residents have a very free and easy attitude in these areas especially in Bird Rock where the beach here is clothing optional.

Heading south and east of the coastal and downtown areas of La Jolla, communities like Soledad South, La Jolla Mesa, and La Jolla Village, sit on and around Mt. Soledad feature beautiful views of downtown La Jolla and San Diego.  Listing prices in these areas start a good bit under $1 million for single-family homes and under $500K for condominium homes.

Considered to be the “most affordable” communities in La Jolla are Upper Hermosa, Muirlands West and La Jolla Alta.  These neighborhoods have larger homes that start just over $1 million and increase from there.  Much of the charm and appeal of Muirlands West and Upper Hermosa stem from their close proximity to the shopping and dining in Bird Rock.  La Jolla Alta is an excellent neighborhood for families because of its closeness to the area’s top schools.

The Important Facts of La Jolla Real Estate

The overall median sold price for homes in La Jolla is about $1.1 million based on the most recent statistics.  This represents a 15 percent increase over last year.  On average, listings stay on the market for about 130 days give or take a day which for homes of this caliber is not a long time.  Condominium homes do tend to sell a little faster but not by much time at all.

Consider La Jolla

La Jolla is a perfect consideration for a home if you are one who wants to live in the most beautiful towns in the country and if money is not a concern.  With the majority of homes having spectacular views of the Coast, the skylines or Mt. Soledad, it is a true pleasure to live in La Jolla…not to mention all of the fun that exists here.  Make sure La Jolla real estate is on the short list if all of these qualities are desires you have in a home.