La Jolla Real Estate - Homes for Sale 92037
La Jolla is a beautiful northern suburb of San Diego offering miles of sought-after waterfront real estate. Located on a cliff and beach headland about eight miles north of downtown, this community is ideal for home buyers who want to live in San Diego but not be surrounded by big city crowds. La Jolla's hilly terrain also affords a wide variety of view properties, with some wooded hillsides rising 1000 feet or more along the coast here - custom home builders looking for an opportunity to create unique landscaping and architecture always enjoy the chance to work here. As a result, La Jolla is one of San Diego's premier high-end home markets, and has a median home value well above $1 million. Read more about La Jolla real estate.
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$900,000 - $1,000,000
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MLS# 100051441
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The La Jolla Home Market
Average home values in the La Jolla real estate area more than doubled between 2000 and 2004, as the community reached its development capacity. Careful city planning and building regulations help preserve the area's coastal beauty and keep its size in check, ensuring strong demand for the limited umbers of homes here. La Jolla is still just the size of a small city despite being one of San Diego's oldest communities. This kind of growth has made a La Jolla home a solid real estate investment, and enabled longtime home owners who move away to make huge profits when they sell.
Newer residential areas in La Jolla, such as University Towne Center, typically include condo developments or smaller detached homes. Attractive small-lot homes and bungalows can also be found in the La Jolla Country Club area near the center of town.
La Jolla is also one of southern California's education hotspots, home to the University of California, San Diego, the Scripps Institution of Oceanography, the San Diego Supercomputer Center, and National University. Torrey Pines Science Park in La Jolla also houses a variety of research centers and successful biotech and software companies.