Sharing the latest data on the La Jolla real estate market as of May 2023. A handful of numbers this month were down - including price, but you'll learn that there was over a 100% increase in inventory when compared to this time last year. Check out this video for a full rundown of the numbers.

May 2023 - La Jolla, CA Detached Homes

Number of New Listings: 40 vs. 35 (last year) - 13%

Number of Homes Sold: 36 vs 32 - 11%

Median Sales Price: $3.25M vs $3.725M - 13%

Average Days on the Market (DOM): 51 vs 52 -2%

Inventory: 3.6 vs. 1.6 +125%

If you are thinking of buying or selling reach out! 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.