Real Estate Tips: La Jolla Market Update, February 2023
/Wow! We had some shocking stats this past month. In February, La Jolla's median sales price dropped to $2.7M which is a 26% decrease from this time last year. To give an overview, inventory is slightly increasing but properties are taking longer to sell. To get the full run down on the numbers check out this video!
February 2023 - La Jolla, CA Detached Homes
Number of New Listings: 40, +8%
Number of Homes Sold: 18, -18%
Median Sales Price: $2.7M, -26%
Inventory Supply: 3.5 Months, +59%
Average Days on the Market: 45, +36%
If you are thinking of buying or selling, let’s connect. 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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