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.