Real Estate Tips: La Jolla Market Update, September 2020
/ Morgan KingAs expected, the numbers this month remain high. The overall story is there isn’t enough inventory to support all the active buyer’s (due to extremely low interest rates), so things are selling fast and at above asking price. For the full run down on where the market is, watch my latest vid below.
September 2020 - La Jolla, CA Detached Homes
Number of New Listings: 44, -12%
Number of Homes Sold: 45, +67%
Median Sales Price: $2.1M, +8%
Average Days on the Market: 41, -15%
If you’re thinking of buying or selling reach out to me. It is a good time for both parties, depending on your personal circumstances, which I can advise on so you’re making the right choice for you.
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