Real Estate Tips: La Jolla Market Update, October 2023

Sharing the latest data on the La Jolla real estate market as of October 2023. The main story is we're continuing to see inventory rise, currently up 203% year over year! As the median sales price sticks below $3M this month, the days on the market seem to be decreasing. See below and my latest video for the full rundown.

October 2023 - La Jolla, CA Detached Homes

  • Number of New Listings: 28, +12%

  • Number of Homes Sold: 12, -14%

  • Median Sales Price: $2.9M, -12%

  • Inventory Supply: 9.2 Months, +203%

  • Median Days on the Market: 31, -35%

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.