The Clements Group Market Report

La Jolla, CA 92037

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



La Jolla, CA 92037

Fri Oct 15 2021
This week the median list price for La Jolla, CA 92037 is $5,625,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 82. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

La Jolla, CA 92037

Fri Oct 15 2021
This week the median list price for La Jolla, CA 92037 is $5,625,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 82. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the La Jolla market.
Median List Price $5,625,000
Median Price of New Listings $3,825,000
Per Square Foot $1,198
Average Days on Market 160
Median Days on Market 91
Price Decreased 26%
Price Increased 5%
Relisted 18%
Inventory 82
Median Rent $12,000
Market Action 39
Slight Seller's Advantage

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$13,695,000 8,093 0.5 - 1 acre 5 6 12 2 1 161
$6,965,000 5,259 0.25 - 0.5 acre 5 5 17 0 2 112
$3,995,000 3,666 0.25 - 0.5 acre 5 3 38 3 3 56
$2,250,000 2,108 6,500 - 8,000 sqft 4 2 56 3 2 35