Just for kicks, I went back as far as the mls data goes for La Jolla. Here’s some hope for JG:

8,000 sq ft LJ Farms home with ocean views on 1 acre for $1.875M

3700 sq ft 4Br/3Ba single level Muirlands home on 1/3rd acre (15,000 sq ft) with panoramic ocean/bay views for $1.03M

3000 sq ft 5/4.5 Upper Hermosa home with ocean views for $798k

The median for the year out of 270 sales was $480K.

Here’s what you got for $480K, 6BR/4ba, 3500 sq ft on mt Soledad above Kate Sessions with noview. 8 months escrow.

395K got you a 3/2 1300 sq ft Birdrock cottage 6 blocks from the beach.

Could you imagine those prices coming back?

Do you think there would be a few buyers around at those prices?

You never know……….