Real Estate Tips: La Jolla Market Update, July 2024
/As I record each month a real estate market update on La Jolla detached homes, and it is important to remember that this information is based on year over year, not month over month. I point this out because in 2024, the market has shifted slightly a few different times, and the response of 'how is the market?' is highly dependent on the date in which you're asking. Keep this in mind if you're looking to buy or sell, and defer to your real estate agent for the answers. For the latest, checkout my latest video for all the details.
July 2024 - La Jolla, CA Detached Homes
Number of New Listings: 34, +0%
Number of Homes Sold: 28, +87%
Median Sales Price: $2.925M, -14%
Inventory Supply: 5.3 Months, +13%
Median Days on the Market: 22, -24%
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.