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Condos have doubled in price, and single-family homes have risen 68 percent in La Jolla, California, a community of San Diego which is experiencing one of the hottest housing markets in the country. "La Jolla is bounded by the Pacific to the west, Pacific Beach to the south, Del Mar to the north, and University Town Center to the east," says Realtor Joanne Fishman. "The jewel of the city of San Diego, La Jolla features secluded coves and beaches, ocean caves, and a marine preserve. The village district hosts cafes, boutiques, coffee houses, galleries, and fine restaurants. More than 8,000 people live in this city of expensive, ocean-view custom homes, making use of the La Jolla Beach & Tennis Club at La Jolla Shores, just south of the Scripps Institute of Oceanography.
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