[quote=JJGittes]According the sdlookup, there are 307 sf homes for sale in La Jolla right now. My goodness, just dozens of 2, 3, 4, 5 and up million $ homes listed. Is this number particularly high for LJ? Seems like quite a glut of rich folks trying to bail.[/quote]
On average in San Diego, 1 out of every 75 houses is listed for sale. In La Jolla, the ratio is 1:28. By that metric, there is definite glut out there. Although it’s probably the lack of buyers rather than an inordinate number of people trying to bail.
