Real Estate Tips: La Jolla Market Update, May 2023
/Sharing the latest data on the La Jolla real estate market as of May 2023. A handful of numbers this month were down - except for price, but you'll learn that there was over a 100% increase in inventory when compared to this time last year. Check out my latest video below for the full run down of the numbers.
May 2023 - La Jolla, CA Detached Homes
Number of New Listings: 38, -21%
Number of Homes Sold: 18, -49%
Median Sales Price: $3.43M, +9%
Inventory Supply: 4.9 Months, +104%
Average Days on the Market: 35, +84
If you are thinking of buying or selling reach out to me and we can discuss the best path forward. 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.