Is La Jolla, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing La Jolla is a seller's market


Difference Since August 2022

Since last year, La Jolla has remained a Seller's Market.

Key Takeaway

La Jolla is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in La Jolla, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in La Jolla have sold for 9.7% less than they did a year ago.

Summary: The median home sold price in La Jolla was $1,897,337 in August 2023, down 9.7% from last year, and the median price per square foot was $973.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $608K$610K
2 $1.1M$1.0M
3 $2.3M$2.0M
4 $3.0M$3.1M
5+ $5.2M$4.6M

Summary: La Jolla housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 12.8%.

Median Sold Price Compared To Nearby Cities

San Diego
La Jolla
Del Mar

Housing Supply

How many homes are available in La Jolla, CA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The La Jolla real estate market had 207 homes for sale in August 2023, a 6.2% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 1411
2 4754
3 6163
4 2933
5+ 4446

Summary: The La Jolla housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Jolla, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in La Jolla in August 2023, up by 21.1% month-over-month. Of the 46 sold homes, 57% were sold under asking, 20% were sold at asking, and 24% were sold over asking.

Days on Market

How long does it take to sell a home in La Jolla, CA?

Average Sale Time

Aug 2022Aug 2023CHANGE
29 Days25 Days-13.7%

Summary: Homes in La Jolla had an average of 25 days on market in Aug 2023, down by 13.7% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in La Jolla are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 46 homes were sold in La Jolla; 76% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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Nearby Markets

What housing markets are near La Jolla, CA?