Real Estate Tips: La Jolla Market Update, September 2023

Sharing the latest data on the La Jolla real estate market as of September 2023. The biggest shift this month is a decrease in the median sales price below $2.8 million, which hasn't been the case since October 2021! While inventory is now over 8 months strong, there seems to be a slight slow down in demand from buyers. See below and my latest video for the full rundown.

September 2023 - La Jolla, CA Detached Homes

  • Number of New Listings: 17, -43%

  • Number of Homes Sold: 17, +21%

  • Median Sales Price: $2.775M, -12%

  • Inventory Supply: 8.1 Months, +146%

  • Median Days on the Market: 31, -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.