This month's market update may not show a significant drop year over year when it comes to median sales price and inventory, but in comparison from what we were seeing last month, inventory is down 59% and median sales price is down from $3,480,000 to $2,750,000. We are also seeing that homes are on the market for less than 30 days active, and with limited inventory and continued demand, the spring market in San Diego remains market. Watch my latest video for the full rundown.

March 2024 - La Jolla, CA Detached Homes

Number of New Listings: 22, -15%
Number of Homes Sold: 13, -48%
Median Sales Price: $2.75M, -20%
Inventory Supply: 3.8, -2.6%
Median Days on the Market: 29, -48%

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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