The Clements Group Market Report

La Jolla, CA 92037

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



La Jolla, CA 92037

Sat Jul 31 2021
This week the median list price for La Jolla, CA 92037 is $4,350,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 94. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

La Jolla, CA 92037

Sat Jul 31 2021
This week the median list price for La Jolla, CA 92037 is $4,350,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 94. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the La Jolla market.
Median List Price $4,350,000
Median Price of New Listings $3,100,000
Per Square Foot $1,190
Average Days on Market 140
Median Days on Market 60
Price Decreased 28%
Price Increased 4%
Relisted 26%
Inventory 94
Median Rent $13,500
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code settled at a plateau. This week prices bumped down a bit but not significantly enough to change the overall outlook. Look for a persistent change (up or down) in the Market Action Index before we see prices significantly deviate 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
$12,000,000 8,694 0.5 - 1 acre 6 6 21 2 0 140
$6,495,000 5,268 0.25 - 0.5 acre 5 5 18 2 1 63
$3,525,000 3,011 8,000 - 10,000 sqft 4 3 46 8 6 28
$2,149,500 2,118 8,000 - 10,000 sqft 3 2 43 5 6 24