It's that time of the month again where I review the current state of the La Jolla real estate market. As I mention in my video, I originally planned to review the San Diego County market for detached homes, but the data was so different. Since the La Jolla market is the area in which I focus on, I wanted to share with you those specific stats. Biggest takeaways - what a month! Sales are up, inventory is still down, and total sales price is strong, but down.
Number of Homes Sold: +50%
Number of Listings: -9.9%
Average Days on the Market: +65%, 66 days
Average Sales Price: -6.9%, $2.485M