During the month of October, we started to see a softening of the market in some areas. In this video I compare the numbers not only to October of 2020, but also to September 2021. We are approaching the holiday season, which does seem to have an effect on the numbers. Check out the full run down in the video in the video below:

October 2021 - La Jolla, CA Detached Homes

Number of New Listings: 26, -37%

Number of Homes Sold: 21, -45%

Median Sales Price: $2.4, +.6%

Inventory Supply: 2.1 Months, -56%

Average Days on the Market: 30, -41%

If you are thinking of buying or selling reach out to me over at www.morgankingrealestate.com. It is a good time for both parties, depending on your personal circumstances, which I can advise to ensure that you are making the right choice for you.

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