La Jolla Market Update, June 2024

Unlike the rest of the nation, generally here in San Diego June isn't the hottest of months for real estate, as after "school is out for the summer" people are escaping the June gloom for travel and enjoyment. However, last months numbers are an increase across the board, accept for median days on the market, which only means that more homes are selling, for a higher price, at a faster rate. For the full rundown, watch my latest market update.
June 2024 - La Jolla, CA Detached Homes
Number of New Listings: 46, +5%
Number of Homes Sold: 25, +25%
Median Sales Price: $3.85M, +17%
Inventory Supply: 4.9 Months, 0%
Median Days on the Market: 33, -27%
If you are thinking of buying or selling reach out to me over at www.morgankingrealestate.com. Believe it or not, it isn’t always a good time, depending on your personal circumstances, which I can advise to ensure that you are making the right choice for you.