Real Estate Tips: La Jolla Market Update, October 2019

With the end of the year approaching fast, buyer’s and seller’s are trying to get things finalized before the Holidays. We generally see a spike in activity in October, as September is filled with school starting, and November and December are all about eating our faces off and decorating our houses. With the data showing up with a spike as expected, the lingering increases of days on the market may have an impact later on. For a full overview, take a look at the October 2019 update in 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 October 2019 for residential homes in La Jolla.

• Number of Homes Sold: 31, -6%

• Number of New Listings: 52, -14%

• Average Days on the Market: 79, +12.9%

• Median Sales Price: $2.33M, +25.6%