San Diego Real Estate and Coastal Homes for Sale

Located in one of the most desirable neighborhoods in La Jolla, this pristine La Jolla home is just a stone's throw away to the world popular WindanSea beach and the classic village of Bird Rock.

Sold for $937,500 on July 21, 2010, this authentic Upper Hermosa cottage was constructed on a desirable sized lot. This residential property home backs up to the local bike path which allows for more privacy and a feeling of spaciousness in the yard. Off the step down, there is a gracious living room with a cozy paneled den separated by soji sliding doors. The glass doors open out to the beautiful backyard and the adjacent patio cover. There is a third bedroom that does not have a closet or entry door and is currently used as an office/craft room. There is an extra room for additional parking on the side of the garage.

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Upper Hermosa is a well-known community ideal for families and shore lovers. Upper Hermosa offers pretty less expensive La Jolla homes for sale, as it is located further from the seaside, yet nearer to adjoining neighborhood restaurants and specialty shops. If you enjoy an active outdoor lifestyle, you will surely love the local bike paths here.

Although there has been an increase in recent luxury home sales, there were some obvious trends in today's San Diego real estate market that affect both pricing and sales. Here are some precise data from the current market place provided by Altos Research LLC.

For sellers, the great opportunity to sell with low interest rates and the seasonally active marketplace will be on the coming months. However, the level of listed luxury home in the market is higher than the qualified buyers, which will be resulted to unsold properties. Since the luxury market is soft, most of the pending Rancho Santa Fe, Del Mar, Coronado and La Jolla homes sold have been priced very aggressively or have had considerable reduction of price before the pending date. Therefore, selling a real estate property in this current market required aggressive pricing, wiser marketing strategies, and considerable presentation of value.

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When it comes to median prices, Santa Fe exhibits the highest downward trend, while the other markets have shown to be a quite more stable. Considering the recent sales in this area, it has become obvious that lots of low-priced bank-owned or distressed sales have actualized softness in this upper-tier market.

The good news is that there is actually a downward trend on the average days on the market, which signifies an obvious increase in demand. Still, the average amount of days on the market remains hardly about 200 days or more, which indicates that active buyers are being careful and watchful.

For those who are looking to sell a San Diego real estate property, the best month to look for are June, July, and August because the market will stabilized towards the end of the year and interest rates are likely to increase.

Aspiring buyers on the other hand, should take advantage of the lower prices and mortgages rates. Plenty of homes are in the market and there are numerous of very motivated buyers that are easy to deal with.

In May 26, 2010, this elegant upgraded La Jolla home located at 386 Mesa Way La Jolla, CA 92037 was purchased for $1,537,500. With approximately 2,070 square feet floor plan, this move-in ready property features exquisite finishes including new paint, crown molding, travertine floors, granite counter tops and wine room. There is a fourth bedroom that is currently used as office with custom built-ins. The exterior boasts lush landscaping with mature palms, grill station, and patio and yard for entertaining. This property in the neighborhood of Lower Hermosa is just minutes away from the highly esteemed Windansea Beach.

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La Jolla homes is situated just 15 minutes away from northwest of San Diego. The residents enjoy a lively and spectacular setting and the convenient location closed to local restaurants and shopping centers, as well as the myriad of appealing things to see and do in nearby San Diego. Like much of southern California, La Jolla embraces a unique lifestyle in a beautifully pleasant year-round weather. This is a perfect place to experience a daytrip to the coastline and the desert or the mountains.

One of the beautiful communities of La Jolla, the Lower Hermosa has super unique and amazing La Jolla beach front homes. It features a mixed of plentiful short cliffs and sandy beaches along with wide open streets. There are about 500 La Jolla homes for sale in this neighborhood, some of the most elegant homes you may ever see. Anyone will surely love the wonderful views in this superb secluded locale.

Located at Upper Hermosa just three blocks to beach, this La Jolla home with 1909 square feet was purchased for an incredible value of $1,490,000.

Style and elegance is complimented by the large windows with French doors, frame the brick courtyards, inviting patios, manicured gardens, and professionally landscaped yard around this U-shaped home. Indeed, this is a jewel with the best kitchen appliances including professional decor ovens, glass sub-zero refrigerator, and subway white tile back splash with honed granite counter tops. The rich hardwood floors lead the way to many incredible features such as crown molding, a light and vibrant office with built in desk, recessed lighting, warm brick fireplace, excellent appointments, and awe-inspiring master suite creating a unique atmosphere. There is also a new roof from studs out and custom copper rain gutters with bronze hangers, new HVAC system including ducting, efficient air conditioning, air cleaner and air purification system. In the rear yard, the property has new hot water heater, new wood garage door and opener, new epoxy floors in garage, new designer iron gate and railings in rear yard.

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 Upper Hermosa is a friendly neighborhood similar to Lower Hermosa. This neighborhood features classic upscale residences, traditional architecture and mature landscaping perfect for anyone who would like to live in a home with a white picket fence. Residents enjoy the convenient location close to the junior and senior high schools, shops, bike trails and more. Buyers can find multi-million La Jolla homes for sale in this location excellent for investment or permanent residence.

San Diego County Single Family Homes Sales

• There were a total of 1,274 sold listings in February which is 9.639 percent high from January and 5.138 percent low for the same month last year.
• The median sales price for the San Diego County was $370,000 which is 1.640 percent improvement from the previous month or 10.440 percent from the previous year.
• With an average sales price of $480,962, there was a significant increase of 21.291 percent last year with 74 average days on the market.

San Diego County Condominiums/Townhomes Sales

• Total of 708 attached listings were sold in February which is a 6.626 percent growth from the same month last year but -3.673 percent from the prior month.
• Median sales price were $215,000 which is 2.38 percent increase from the prior month and 16.21 percent increase last year.
• Average sales price was $257,687 that is 8.213 percent above the last year's sales level with 76 average days on the market.

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