Real Estate Tips: La Jolla Market Update, September 2019
/ Morgan KingWe’ve been saying it for months now .. the market shift is coming. I know in the real estate community we have seen it happening for awhile. With listings staying on longer, price reductions everywhere, and buyers weary to purchase at the wrong time, the numbers are now showing the results. With days on the market slowly creeping up, and median sales price declining, it tells me that a shift is a coming. For all the details, watch my video below.
If you’d like specific information on the area and type of property you’re looking at, connect with me and I’d be happy to share and talk you through it.
The latest market data as of September 2019 for residential homes in La Jolla.
Number of Homes Sold: 26, +4%
Number of New Listings: 51, +20%
Average Days on the Market: 50, +13.6%
Median Sales Price: $1.962, -9.5%
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