LUXURYSOCALREALTY| COMPASS Market Report

La Jolla, CA

Single-Family Homes

website | luxurysocalrealty.com



La Jolla, CA

Mon Dec 11 2023
This week the median list price for La Jolla, CA is $4,974,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 72. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

La Jolla, CA

Mon Dec 11 2023
This week the median list price for La Jolla, CA is $4,974,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 72. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the La Jolla market.
Median List Price $4,974,000
Median Price of New Listings $3,200,000
Per Square Foot $1,508
Average Days on Market 182
Median Days on Market 95
Price Decreased 32%
Price Increased 3%
Relisted 15%
Inventory 72
Median Rent
Market Action 33
Slight Seller's Advantage

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
$15,050,000 7,041 0.25 - 0.5 acre 5 6.8 18 0 4 178
$6,597,500 3,940 0.25 - 0.5 acre 4 4.5 29 1 0 108
$3,996,500 2,856 8,000 - 10,000 sqft 4 3.8 44 3 1 143
$2,696,500 1,824 8,000 - 10,000 sqft 3 2 59 5 3 31