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La Jolla Lots, 1979

More from the 1979 series on Channel 8. I love this quote in the article:

“House hunting, today it’s a frustrating, time consuming and often times depressing process,” said Janet. “True, San Diego is the most expensive place to buy a home in all of the Continental United States, but that doesn’t mean only the affluent can buy here.”

Link to Full Article

Here is one of the houses built here – it sold for $4,100,000 in 2018:

https://www.zillow.com/homes/5727-Baja-Mar-La-Jolla,-CA,-92037_rb/16855861_zpid/

La Jolla Shores

There are 22 homes on my favorite stretch of oceanfront – it enjoys ample sand and is relatively private for a public beach.  The last sale on this street was the 9,320sf home that sold for $16,000,000 cash in August, and it’s the only other sale ever that closed above $11,000,000 here.

This just closed for $24,700,000 cash! Take a look around:

https://my.matterport.com/show/?m=UvRbLYMo4Yw&sr=-2.75,1.08&ss=30

More NSDCC September Sales

We’re only three days into October so there will still be more reporting in the coming days….but September sales are pouring in!  We had 52% more sales than we had last year in the La Jolla-to-Carlsbad market!

NSDCC Detached-Home Sales, September:

Year
Sept. # Sales
Med SP
Med $/sf
2016
271
$1,175,000
$417/sf
2017
271
$1,237,500
$448/sf
2018
220
$1,312,500
$493/sf
2019
234
$1,361,500
$488/sf
2020
355
$1,475,000
$518/sf

Until recently, you could expect that $10 million would buy you an oceanfront home in La Jolla.

But just in the last 30 days there were oceanfront sales of $14,000,000, $16,000,000, and this one in Bird Rock just north of Pacific Beach that sold for $19,250,000:

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