La Jolla Single Family Home Sale Market Update

By Michele Engleman, San Diego Real Estate Michele Engleman, Seniors Real Estate Specialist -

La Jolla, CA 92037

Fri Jul 10 2020
This week the median list price for La Jolla, CA 92037 is $3,245,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 149. Click here to stay informed with the La Jolla market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.
Buyer'sMarketSeller'sMarket0102030405060708090100TodayTodayLast MonthLast Month2929
Slight Buyer's Advantage
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the La Jolla market.
Median List Price
$3,245,000
Per Square Foot
$958
Days on Market
137
Price Decreased
32%
Price Increased
4%
Relisted
23%
Inventory
149
Median Rent
$5,995
Most Expensive$25,000,000
Least Expensive$945,000
Market Action
29
Slight Buyer's Advantage
7-Day Average90-Day AverageJul 2017Nov 2017Mar 2018Jul 2018Nov 2018Mar 2019Jul 2019Nov 2019Mar 2020Jul 2020$2.6M$2.8M$3.0M$3.2M$3.4M$3.6MFriday, Dec 27, 2019● 90-Day Average: $3,255,192.27
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Comments

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