Real Estate Tips: La Jolla Market Update, February 2020

The market is officially back in full swing, and although inventory is still low, the increase in properties for sale this past month have certainly helped. Since interest rates are still very low (3.25% on a 30 year fixed), buyers are active and if something is priced right, it’s gone! For a full rundown on where the market stands, checkout my latest video below.

• Number of Homes Sold: 17, +0.0%

• Number of New Listings: 64, +18.5%

• Average Days on the Market: 71, +57.8%

• Median Sales Price: $2.16M, +2.9%

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