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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Jolla is a seller's market

Buyer's
Market

Difference Since December 2020

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.

How much do homes in La Jolla, CA cost?

Median Sold Price

$1,653,708

$800/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$122,440(+8.0%)

Key Takeaway

Homes in La Jolla have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $427.7K$505K
+18.1%
2 $775K$889.5K
+14.8%
3 $1.4M$1.7M
+18.1%
4 $2.1M$2.6M
+19.7%
5+ $3.4M$4.2M
+21.3%

Median Sold Price Compared To Nearby Cities

Del Mar
+35.7%
San Diego
+13.3%
La Jolla
+8.0%

How many homes are available in La Jolla, CA?

Number of Homes For Sale

Nov 2021Dec 2021%
179132-26.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 107
-30.0%
2 4530
-33.3%
3 4535
-22.2%
4 4229
-31.0%
5+ 3731
-16.2%

Number of Homes Sold

Nov 2021Dec 2021%
5450-7.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Jolla, you could pay more than the asking price. 48% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
38 Days33 Days-14.4%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 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.

About La Jolla, CA

La Jolla, CA has 132 homes on the market. Between November 2021 and December 2021, La Jolla, CA real estate market has seen decrease in the number of listings by 26.3%. While the average time on the market in December 2021 was 33 days, the median list price was $1,653,708. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties prices increased by 18.1%, 2 bedrooms properties became 14.8% more expensive, 3 bedrooms properties prices increased by 18.1%, 4 bedrooms properties prices increased by 19.7%, prices of 5 bedrooms properties went up by 21.3%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 30%, number of 2 bedrooms homes decreased by 33.3%, the quantity of 3 bedrooms homes went down by 22.2%, 4 bedrooms homes inventory decreased by 31%, 5 bedrooms homes inventory decreased by 16.2%. Over 24 listings were sold over their listed price in December 2021 in La Jolla, CA. In the same period over 18 listings were sold below the listed price and 8 listings were sold for the listed price.

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