La Mesa Real Estate Market Sees Home Sales Down

The La Mesa market pulled back with a 7.4% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 58.2 monthly average with 50 homes sold. Within the same time frame, San Diego had 881 sales, the most of all cities in the area. The median sales price dropped to $464,300, down from last week's $487,500. Despite the slip in sales, a relatively low one month of inventory indicates that La Mesa is a definite seller's market.

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Demographic facts for La Mesa:

  • The average elevation is 547 feet.
  • The median income for the homes in this area is $50,043.
  • For every counselor there are 520 students in this area. (513 = national average)

Data reported through 1/11/2017

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