3996 Shasta Street, Suite 101, San Diego, CA 92109

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Market Update

The median list price in LA JOLLA, CA 92037 this week is $2,650,000. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

BUYING OR SELLING

When you are buying or selling property in today's real estate market, it's important to have confidence in your real estate professional. My commitment as your local REALTOR® / CCIM is to provide you with the specialized real estate service you deserve.

In this business the person with the most accurate and timely information usually wins. I truly believe that understanding all of your options is the #1 key to making the best decisions for you and your family. That's why my goal is to keep you informed on trends in the marketplace using the latest local statistics by zip code, which can be emailed to you weekly.

As an area expert with extensive knowledge of our local housing market and neighborhood communities, my objective is to work diligently to assist you in meeting your real estate goals.

Executive Luxury Homes

The La Jolla, Del Mar, and Encinitas real estate markets are made up of many smaller communities and neighborhoods. These present variety and each has its own unique characteristics. Whether it’s location and what’s in the neighborhood or nearby, or it’s simply the price ranges of the homes in the area, there will be differences and I want to help my clients to understand those differences and use the information in making lifestyle decisions.
View from many of the rooms and rear yard of the residence that Tom was able to sell atop Mt. Soledad for the owners in 2002.

La Jolla

La Jolla (/lh./l-HOY-) is an affluent[2][3] neighborhood in San Diego, California. It is a hilly seaside community, occupying 7 miles (11km) of curving coastline along the Pacific Ocean within the northern city limits. La Jolla had the highest home prices in the nation in 2008 and 2009; the average price of a standardized four-bedroom home in La Jolla was reported as US $1.842 million in 2008 and US $2.125 million in 2009. The 2004 estimated population of the 92037 ZIP code was 42,808 [1] while the La Jolla community planning area had an estimated population of 31,746 in 2010.[1] La Jolla is surrounded on three sides by ocean bluffs and beaches[4] and is located 12 miles (19km) north of Downtown San Diego, and 40 miles (64km) south of Orange County California,[5][6] The climate is mild, with an average daily temperature of 70.5 F (21.4 C)[7][8][9] La Jolla is home to a variety of businesses in the areas of lodging, dining, shopping, software, finance, real estate, bio-engineering, medical practice and scientific research.[4][10][11] The University of California, San Diego (UCSD) is located in La Jolla, as are the Salk Institute, Scripps Institution of Oceanography, Scripps Research Institute, and the headquarters of National University (though its academic campuses are elsewhere). Local Native Americans, the Kumeyaay, called this location mat kulaaxuuy[mat klaxuj], lit. "land of holes" (mat = "land").[12] The topographic feature that gave rise to the name "holes" is uncertain; it probably refers to sea-level caves located on the north-facing bluffs, which are visible from La Jolla Shores. It is suggested that the Kumeyaay name for the area was transcribed by the Spanish settlers as "La Jolla". An alternative suggestion for the origin of the name is that it is a corruption of the Spanish word "la joya", which means "the jewel". Despite being disputed by scholars, this origin of the name La Jolla has been widely cited in popular culture.[13] That supposed origin gave rise to the nickname "Jewel City", which was once commonly used but now exists mainly in commercial references.[14][15][16][17] During the Mexican period of San Diego's history, La Jolla was mapped as pueblo land and contained about 60 lots. When California became a state in 1850, the La Jolla area was incorporated as part of the chartered City of San Diego. In 1870 Charles Dean acquired several of the pueblo lots and subdivided them into an area that became known as La Jolla Park. Dean was unable to develop the land and left San Diego in 1881. A real estate boom in the 1880s led speculators Frank T. Botsford and George W. Heald to further develop the sparsely settled area.

DEL MAR

Del Mar is an affluent beach city in San Diego County, California. The population was 4,161 at the 2010 census, down from 4,389 at the 2000 census. The Del Mar Horse Races are hosted on the Del Mar racetrack every summer. Del Mar is Spanish for "of the sea" or "by the sea", because it is located on the Pacific Ocean. Colonel Jacob Taylor purchased 338 acres (1.37km2) from Enoch Talbert in 1885, with visions of building a seaside resort for the rich and famous.[2] The United States Navy operated a Naval Auxiliary Air Facility for blimps at Del Mar during World War II.[3] According to the United States Census Bureau, the city has a total area of 1.8 square miles (4.7km2). 1.7 square miles (4.4km2) of it is land and 0.1 square miles (0.26km2) of it (3.94%) is water. At the southern edge of Del Mar is the Los Peasquitos Lagoon. Del Mar's climate is considered sub-tropical / Mediterranean with warm, dry summers and mild winters, and is considered one of the most desirable climates world-wide. Temperatures exceed 85 F(29C) only on a few occasions throughout the year and rarely drop below 62 F(17C). The average daily temperature in Del Mar is approximately 71 F(22C). Del Mar is also one of few locations in which the Torrey Pine tree grows. The Torrey Pine is the rarest pine in the United States and only two populations of this endangered species exist.[4] The Soledad Valley at the south of Del Mar severs two colony segments of the Pinus torreyana.

Encinitas

Encinitas is a coastal beach city in San Diego County, California. Located within Southern California, it is approximately 25 miles (40km) north of San Diego in North County and about 95 miles (153km) south of Los Angeles. As of the 2010 census, the city had a population of 59,518, up from 58,014 at the 2000 census. The largest single industry in the city is the growing of ornamental flowers, particularly poinsettias. The city was incorporated after a majority vote of 69.3% in 1986[3] from the communities of historic Encinitas, new Encinitas (Village Park, etc.), Leucadia, Cardiff-by-the-Sea and Olivenhain. These communities retain their identities and distinctive flavors. Encinitas can be divided into five areas: Encinitas is located at 33240N1171618W / 33.04444N 117.27167W / 33.04444; -117.27167.[4] According to the United States Census Bureau, the city has a total area of 20.0 square miles (52km2). 18.8 square miles (49km2) of it is land and 1.2 square miles (3.1km2) of it (5.89%) is water. The city's elevation ranges between sea level and 180 feet (55m) above sea level.