La Jolla Real Estate is starting to show signs of recovery and we are finally starting to see a continuous climb back up. Since the market high in 2005, La Jolla Real Estate has had a 6 year decline. However, in the first 5 months of 2012, sales are up, price points are up, foreclosures are down and interest rates are down. Though there is still a shortage in La Jolla Homes for sale, this could soon change as the market continues to improve. There has been 69 sales of La Jolla Homes in the month of May alone and only 3 foreclosures. The median of SFH sales is also on the rise, passing the median range of 2009. The 2012 median is now pushing 1,476,000, and we can only hope it continues to increase towards the 2005 statue of 1,750,000. These stats show how La Jolla Real Estate has had many positives so far in the year of 2012 and many are glad to finally see a consistent rise.
La Jolla Sales Market is still on the Rise
La Jolla Real Estate is starting to show signs of recovery and we are finally starting to see a continuous climb back up. Since the market high in 2005, La Jolla Real Estate has had a 6 year decline. However, in the first 5 months of 2012, sales are up, price points are up, foreclosures are down and interest rates are down. Though there is still a shortage in La Jolla Homes for sale, this could soon change as the market continues to improve. There has been 69 sales of La Jolla Homes in the month of May alone and only 3 foreclosures. The median of SFH sales is also on the rise, passing the median range of 2009. The 2012 median is now pushing 1,476,000, and we can only hope it continues to increase towards the 2005 statue of 1,750,000. These stats show how La Jolla Real Estate has had many positives so far in the year of 2012 and many are glad to finally see a consistent rise.