If you have ever pondered buying an ocean front home, now you might be spoilt for choice … In the past month several interesting La Jolla beach and ocean front homes have been listed on the MLS. Here is a quick taster with links to each for more information. On Chelsea Street, La Jolla – […]
Are median home prices statistical nonsense?
Home price increases (or decreases) are always news. Here are extracts from recent articles: 1. Data Quick. The median price paid for all new and resale houses and condos sold in the six-county Southland (Southern California) was $345,500 last month, up 8.0 percent from $320,000 in February and up 23.4 percent from $280,000 in March […]
Has the San Diego luxury real estate market turned?
The media is suddenly full of real estate recovery stories across the Nation. But real estate is local right? So what happening to the luxury towns in San Diego County? Where are the statistics? “There are three kinds of lies: lies, damned lies, and statistics.” Attributed to either Mark twain (1835- 1910) or Benjamin Disraeli (1804–1881) However, if […]
First big sale of 2013
2013’s first big luxury home sale … $12,000,000 for an oceanfront home on Camino De La Costa, La Jolla 92037 The almost 6,400 sq ft home constructed in 1994 has magnificent floor to ceiling windows to take advantage of the blue Pacific ocean behind the residence. We have written about Camino De La Costa before. […]
This graphic pretty much says it all
I think our competition, small as it is … … in the La Jolla real estate sale marketplace, cringe every time we run an advert like this in the local paper. .
San Diego luxury home sales update
Here we are 6 weeks into 2013 and the luxury San Diego real estate market is already humming! Sales include this charming English Tudor style home on the prestigious Inspiration Drive in La Jolla. The sale closed a couple of days ago at $3,000,000 with Prudential representing the seller. The home is just over 4,200 sq ft […]
There is a shortage of homes for sale across the country
Diane Sawyer discusses home price in major cities across the US. Interviewed for the report – see video, Barbara Corcoran says she believes the shortage of inventory is caused by underwater homeowners waiting for their homes to regain their previous value. According to the report, homes in Phoenix Arizona have soared – what have they done in your neck of the […]
Year to date report – Del Mar, La Jolla, Rancho Santa Fe
Sales of San Diego luxury homes in the upscale communities of La Jolla, Del Mar and Rancho Santa Fe are up year to date, compared to the same period last year. La Jolla Del Mar Rancho Santa Fe 2011 2012 2011 2012 2011 2012 Sales over $1,000,000 197 248 106 109 140 170 […]
More high end luxury sales in La Jolla, 92037
The luxury home market in La Jolla is showing some signs of life recently, with several notable sales. In the past few months several homes have sold on Camino De La Costa, “The Street of Dreams”. The most recent sale is at 6292 Camino De La Costa, on the section of street where probably most […]
San Diego luxury home short sellers.
San Diego luxury homes are not immune to short sale sellers … Short sales do occur in upscale San Diego real estate, a case in point is the recent sale of an ocean front home in the Del Mar Beach Colony, right on the gorgeous sandy beach. Bought for $7,600,000 back in September 2005, this […]
Rancho Santa Fe Luxury home sales update – Sept 2012
During 2011 a total of 10 homes sold over $5,000,000 the whole year. This year sales improved with 7 sales over $5,000,000 in the 7 months between January and July this year. Sales of Rancho Santa Fe luxury homes perked up quite a bit more when 6 sales closed escrow during the month of August, […]