Heritage Escrow

La Jolla, CA 92037

Single-Family Homes

Jerah Payne 858-449-0089



La Jolla, CA 92037

Sun May 26 2024
This week the median list price for La Jolla, CA 92037 is $5,250,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has increased to 73. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

La Jolla, CA 92037

Sun May 26 2024
This week the median list price for La Jolla, CA 92037 is $5,250,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has increased to 73. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the La Jolla market.
Median List Price $5,250,000
Median Price of New Listings $5,986,000
Per Square Foot $1,433
Average Days on Market 159
Median Days on Market 63
Price Decreased 19%
Price Increased 1%
Relisted 14%
Inventory 73
Median Rent
Market Action 36
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

Market Segments

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

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$14,125,000 7,789 0.25 - 0.5 acre 6 7 11 1 1 157
$7,247,500 4,266 0.25 - 0.5 acre 5 5 27 7 4 17
$4,047,500 3,019 6,500 - 8,000 sqft 4 3.5 45 2 1 66
$2,990,000 2,545 6,500 - 8,000 sqft 4 3 50 3 3 35