Real Estate Tips: La Jolla Market Update, May 2022
/ Morgan KingA little good news for buyers this month: we are seeing a slight softening of the market. Properties are staying on the market longer and price reductions are happening. Check out my latest video below to hear a full rundown on May's stats.
May 2022 - La Jolla, CA Detached Homes
Number of New Listings: 29, -40%
Number of Homes Sold: 28, +4%
Median Sales Price: $3.1, -6%
Inventory Supply: 1.9 Months, -24%
Average Days on the Market: 25, -68%
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