La Jolla Real Estate Report May 2013 - La Jolla Condos For Sale

Real Estate Agent with Keller Williams La Jolla

La Jolla Real Estate Report May 2013 - La Jolla Condos For Sale

The prestigious magazine, The Robb Report, called La Jolla "simply the best place to live in America".  High praise, but if you have spent much time here, you will most likely agree with their statement.  Some people live in La Jolla full time, and other residents call La Jolla home part-time.  Whether you will live here full-time, or just part of the year, you might like the idea of easy convenience living.  If the "lock and leave" lifestyle is for you, click this link to search La Jolla Condos for sale.  Actually, we are using the term condo kind of loosely here.  The information you will receive is both La Jolla condos and town homes for sale.  It is organized Most Recent First.  Please do not hesitate to call (or text) our direct line if you have questions, (619) 319-7010.


La Jolla Condos For Sale


La Jolla Real Estate Report May 2013

La Jolla Condos That Sold:

Another big month in La Jolla condo (and town homes), May 2013 saw 54 sold.  That was a whopping 63% increase over the 33 condos sold in May 2012, and nine more sold than the previous month, April 2013!

Of the 54 condos sold, the Average price was $724,438.  The high was $2,475.000 (beautiful ocean front right on Coast Blvd).  The lowest price was $253,000.

Average price per square foot for La Jolla Condos sold was $526.

Average Days on the Market (DOM) was 50.  Five were on the market for zero days (sold before hitting the MLS) and 16 were only on the market 10 days or less!  What does that say?  If you are interested in finding your La Jolla Dream Home you Must contact us to be put on our VIP Buyers Program so we can scour all of our resources to find the home before it hits the MLS.  To join this exclusive program just click this link.

Curious to see what your La Jolla condo is worth in today's real estate market?  Call (or text) 619.319.7010 or click to visit What Is My La Jolla Home Worth.


La Jolla Condo Statistics for May 2013

Here are charts to show the current trends.  You can see our market has improved dramatically in the past year.  The incredibly low mortgage interest rates (heading up now), and pent up buyer demand, have turned the La Jolla real estate market into a Seller's Market.  What we see, in these charts, is inventory has decreased significantly as has days on the market.  The MAI (market action index) has increased substantially.  ***Note, while still very strong, there does appear to be a plateau forming.

Market Action Index








La Jolla Condo Inventory







La Jolla Condo Price Trends







This information is for La Jolla condos but, if you also want to see the May 2013 La Jolla real estate market report for single family houses just click the preceding link.

You can always get more information on current market conditions, active listings, school and neighborhood information at our (click link) La Jolla Real Estate and Community Page.


La Jolla Condos For Sale:

Currently, there are 104 La Jolla Condos and Town Homes for sale, a jump from the 89 for sale in April 2013.  They range in price from $215,000 to a gorgeous, ocean front 3 bedroom, 4 bath, 4249 square foot condo priced at $5,995,000.  

You can click here to view the April La Jolla Condo Real Estate Market Report.

Whenever you view (click link) La Jolla Condos For Sale don't worry about stale information.  This is a dynamic link, that is, info will be current if you read this today or months from now.  Remember we are here to help!  So, if you have questions or comments about La Jolla real estate, or just the area in general, call or text us now (619) 319-7010.



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La Jolla Real Estate Report May2013 - La Jolla Condos For Sale

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