A quarter ago, we analyzed La Jolla’s real estate market (defined for the purpose of this analysis as all attached and detached residential properties listed with the San Diego Multiple Listing Service for the 92037 zip codes) over a 12-year period. For this analysis, we decided to zoom back in and focus on the most recent 12 months, 2/1/2008 – 1/31/2009, and compare it to the previous 12-month period, 2/1/2007 – 1/31/2008.