Sharing the latest data on the La Jolla real estate market as of August 2023. The biggest shift this month is a decrease in the median sales price below $3 million, which hasn't been the case for the past six months! While inventory is now over 7 months strong, there seems to be a slight slow down in demand from buyers. See below and my latest video for the full rundown.

August 2023 - La Jolla, CA Detached Homes

Number of New Listings: 30, -25%
Number of Homes Sold: 24, +4%
Median Sales Price: $2.9M, -6%
Inventory Supply: 7.2 Months, +100%
Median Days on the Market: 32, -9%

If you are thinking of buying or selling reach out to me and we can discuss the best path forward. Believe it or not, it isn’t always a good time, depending on your personal circumstances, which I can advise to ensure that you are making the right choice for you.

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