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.