For the final month of 2024, we had a lot of increases year over year, which I'm not totally surprised by since this past year was overall stronger than 2023. With December generally being the slowest month of the year for sales, this year, there was quite a bit of activity. With new listings, and units sold rising, and the median sales price a bit down from LY, it appears as though buyers took advantage of buying while there was less competition. For the full rundown, watch my latest video.

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December 2024 - La Jolla, CA Detached Homes

Number of New Listings: 17, +31%
Number of Homes Sold: 24, +85%
Median Sales Price: $3M, +5%
Inventory Supply: 2.7 Months, -25%
Median Days on the Market: 49, +75%

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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