La Mesa, CA Real Estate Market Update – November 2011
La Mesa,CA is a great place to call home! From the quaint downtown filled with restaurants and antique shops, to the views from Mt.Helix, there are many wonderful neighborhoods with their own distinctive vibe. But like most everywhere throughout the county, real estate values continue to slip, as noted in this real estate market update.
La Mesa, CA Single Family Home Sales – November 2011
Total number of sales 51
Short sales 9
REO sales 8
Average price $381,197
Average days on market 71
Average price 2010 $417,252
Average price YTD 2011 $387,727
Prices for single family homes have not showed a significant decline throughout the year, which may be a sign that the market is starting to level out.
La Mesa, CA Attached Home Sales – November 2011
Total number of sales 14
Short sales 3
REO sales 2
Average price $190,807
Average days on market 51
Average price 2010 $190,580
Average price YTD 2011 $167,587
The average price for November for attached homes is surprisingly high when compared to the preceding months. As we enter 2012 we will have to see if this is a trend, or merely a month with more sales of higher priced units.
To learn more about the La Mesa, CA real estate market, just give me a call! I’ve lived in the area for over 20 years and would love to show you why this is such a great place to call home.
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