La Jolla homes Fall 2012 market statistics, by neighborhood, 6 months
The Fall 2012 La Jolla market statistics, by neighborhood, report for the last 6 months. The result show that there's no pattern for all of La Jolla, it varies by neighborhood. The average per-square-foot price in some neighborhoods has gone down, some neighborhoods has gone up, but the majority has seen no change. So, the theme for my last report in the Spring of 2012, "the stage is set for prices to start back up" is still the theme for the Fall of 2012. Therefore, it’s best to track the specific neighborhood you’re interested in. If you’ll contact me, I’ll do a “Flash CMA” (our in-house appraisal software) which will REALLY pin down the value of the properties you’re comparing. Flash CMA considers the condition of a property, the view, and all the many significant attributes of a property in addition to square footage and number of bedrooms (which is often the only factors used by other Realtors and drive-by appraisers). So, track the specific neighborhood you're interested in, and the same product type you’re interested in (condo, town home, twin home, or single family home) in these reports to see where prices are heading. Then, I'll do a "Flash CMA" for you to really pin it down
Here's the original article in RealEstate.com
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