Real Estate Tips: La Jolla Market Update, January 2020

The first market update of 2020, and things are starting to pick back up now that we’re post Holiday. Interest rates and inventory are low, making it a great time for sellers to list their home on the market as buyer’s are desperate to find a place to call home. For a full rundown, checkout my latest market update video below.

• Number of Homes Sold: 22, +38%

• Number of New Listings: 56, -15%

• Average Days on the Market: 69, -4%

• Median Sales Price: $1.99M, -4%

• Months of Inventory: 4.5, -34%

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