Real Estate Tips: La Jolla Market Update, September 2024

While the median sales price remains strong from this time last year, it is down almost $1 million dollars from last month. Generally, we tend to see a slow down after the last push in September, as people are back into the swing of school, preparing for the Holidays, and this year, gearing up for the election. With supply continuing to look strong, there are a consistent amount of new listings hitting the market, and taking slightly longer to sell. For the full rundown, checkout my latest market report video below.

September 2024 - La Jolla, CA Detached Homes

  • Number of New Listings: 34, +100%

  • Number of Homes Sold: 19, +12%

  • Median Sales Price: $3.1M, +12%

  • Inventory Supply: 5 Months, +25%

  • Median Days on the Market: 48, +60%

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.