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November 13, 2007

La Jolla, CA Market Update for October 2007

Here are the latest real estate market statistics for La Jolla, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.8%*

Average September 2007 October 2007 % Change
Asking Price $1,365,695 $1,760,088 28.9%
Sales Price $1,315,442 $1,599,287 21.6%
% of Asking Price 96% 91% -5.2%
$/SQFT $594 $710 19.5%
Days on Market 75 85 13.3%
Total Transactions 43 42 -2.3%

Search for homes in La Jolla, CA and read a neighborhood overview of the La Jolla, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 11/7/2007: 443 properties on the market with 172 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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