Decades ago Del Mar, California was the new kid on the block; a stones toss to the Pacific Ocean where a monolithic real estate deal had created the Del Mar Racetrack. That epiphany mostly involved Hollywood “big shots” Pat O’Brien, Bing Crosby, and Jimmy Durante. During that era you could have bought a small home nearby for a couple of race tickets and a case of Coca-Cola. The nearby community of La Jolla was only a place you had to drive through on Highway 1, if you wanted to visit Mission Bay or San Diego. Oh, my, how times have changed. Today, La Jolla real estate is the “Big Brother” and the choice of many looking for prime real estate with or without ocean views.
La Jolla living is thought to be too expensive for the average homeowner, however, depending on the location and whether it’s a single family home, condo, town home, or just an apartment rental, you shouldn’t make a final decision until you contact a real estate agent who is an expert in the area. This is when time is money and experience counts. If you are considering buying a home in La Jolla, here is a recent update on the market.
A recent updated Zillow report on La Jolla real estate has shown 1,500 homes sold, 18 in foreclosure or short-sale status, 235 homes for rent and 450 still alive and well on the for sale page. And if you’re still thinking that La Jolla real estate may be out of your price range, bury that thought. There are a variety of living options available in La Jolla and it couldn’t be a better time to buy. With prices and mortgage rates remaining low, you can have your dream home in La Jolla.
La Jolla has more to offer prospective home buyers than just prime real estate. We have sandy beaches and rocky shorelines dotting the coastline, Scripps Research and Medical Center, the PGA Torrey Pines Golf Course, the Museum of Contemporary Art, and, of course, the stretch of stores in the downtown La Jolla shopping district.
Are you considering buying a home in La Jolla? Whether you prefer Spanish style homes, contemporary homes or just a small beach cottage, real estate in La Jollahas it all. Contact a professional La Jolla real estate agent today and begin your search for the home you always dreamed of owning.
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