Your Local Market Report

La Jolla, CA 92037

Condos/Townhomes



La Jolla, CA 92037

Sat Jul 31 2021
This week the median list price for La Jolla, CA 92037 is $1,320,000 with the market action index hovering around 64. This is an increase over last month's market action index of 63. Inventory has increased to 55. 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.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

La Jolla, CA 92037

Sat Jul 31 2021
This week the median list price for La Jolla, CA 92037 is $1,320,000 with the market action index hovering around 64. This is an increase over last month's market action index of 63. Inventory has increased to 55. 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.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the La Jolla market.
Median List Price $1,320,000
Median Price of New Listings $867,000
Per Square Foot $757
Average Days on Market 64
Median Days on Market 21
Price Decreased 20%
Price Increased 0%
Relisted 11%
Inventory 55
Median Rent $3,725
Market Action 64
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,099,000 2,306 0.5 - 1 acre 3 2 55 0 1 42
$1,724,400 2,220 2.5 - 5 acres 3 2 33 3 2 77
$977,500 1,332 1 - 2.5 acres 2 1 43 6 7 7
$559,000 793 2.5 - 5 acres 1 0 42 7 4 10