Real Estate Tips: La Jolla Market Update, July 2023

Sharing the latest data on the La Jolla real estate market as of July 2023. The biggest shift this month is an increase in the median sales price, which hasn't been the case for the past several months. While inventory is steadily increasing, there is still strong demand from buyers. See below and my latest video for the full rundown.

July 2023 - La Jolla, CA Detached Homes

  • Number of New Listings: 34, -31%

  • Number of Homes Sold: 14, -26%

  • Median Sales Price: $3.85M, +10%

  • Inventory Supply: 6.2 Months, +80%

  • Median Days on the Market: 18, +6%

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.