Tagged : La Jolla Farms Homes

Real Estate prices for the most expensive homes sold in La Jolla actually topped the highest priced home sold in 2021.  We all know the year 2021 was a record year that saw a huge amount of real estate activity due to the limited number of homes on the market in the La Jolla area.  As of last year the highest home sold was at $21,750,000 and this year the highest sale clocked in at $21,800,000.  Of course, there were a lot more sales last year above the $17 million dollar price point but it's encouraging to see such high prices this year with an economy that has seen record high inflation and rising mortgage rates.

1320 Muirlands Drive, La Jolla was the highest home that sold this year selling for $21,800,000 in March of 2022.  Located in the upscale

Last week we saw on the Million Dollar Listing LA show two local Los Angeles agents take a listing for the famous Razor house here in La Jolla.  The Razor house is very well known for it's unique Contemporary architecture that overlooks the ocean in the upscale La Jolla Farms neighborhood.  The home had been on and off the market without resulting in a successful show.  For example, it was listed in August of 2018 for $30,000,000 by another real estate agency and went off the market after 255 days.  The Million Dollar listing shows Josh Altman and Josh Flagg pitching the home to be listed at $25 million dollars.  

The home was listed for $24,995,000 and sold after being on the market for 62 days for $20,800,000 where Josh Altman represented the buyer.