The average price of a luxury home in San Diego County, including homes in La Mesa, rose 2.8 percent in the first quarter of this year, compared to the first three months of last year, according to a study released Wednesday.
Bedrooms:3 bedsBathrooms:2.5 baths
Single Family:3,938 sq ft
Lot:23,522 sq ft
Year Built:2001
Last Sold:Apr 2013 for $1,300,000
The cost was also up 3.6 percent over the previous quarter, which covered the final three months of 2012, according to the First Republic Prestige Home Index by First Republic Bank.
The average cost of a luxury home in the San Diego region in the first quarter of this year was $1.7 million, the highest since the end of 2010, according to the index. According to Zillow, the highest priced home sold in La Mesa this year went for $1.3 million (10139 Heavenly Way). That compares to $2.1 million in Los Angeles and $2.8 million in San Francisco.
Written by City News Service
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