Real Estate Tips: La Jolla Market Update, February 2019

What’s happening? Over the past few months, we’ve seen a consistent decline in sales, increase in inventory, and an overall softening in the market. However, February decided to throw us for a loop with a little bait and switch. At least relative to this time last year, the results of the data do not reflect what we were anticipating. Watch my latest video below to find out.

• Number of Homes Sold: 17, +6.3%

• Number of New Listings: 53, -11.7%

• Average Days on the Market: 45, -52.1%

• Median Sales Price: $2.1M, +7%

Looking for a more comprehensive overview of the La Jolla real estate market? Let’s connect and I can send it along.