Luxury home values in Los Angeles, San Diego and San Francisco set new records in the second quarter of 2004, posting double-digit gains over the past 12 months, according to the recently released Prestige Home Index.
San Francisco Bay Area values climbed 16.4 percent, or $357,000 year-over-year, and 7.2 percent from the first quarter of this year. Average luxury home values in the region reached an all-time high of $2.54 million. Los Angeles values rose 17.5 percent, or $256,000 year-over-year, and 3.7 percent from the first quarter of this year. Average luxury home values in Los Angeles jumped to $1.72 million. San Diego values climbed 18.8 percent, or $273,000 year-over-year, and increased 5.6 percent from the first quarter of this year. San Diego luxury home values averaged $1.73 million, according to the report.
Posted by gandlwoods at September 11, 2004 06:38 AMWell it would seem that technology is getting more and more wireless. Now, when they get little communicators like thos little badges you saw in Star Trek Next Generation series, then I will buy in.
Posted by: Jim at September 11, 2004 06:06 PM