Real Estate Tips: La Jolla Market Update, May 2022

A little good news for buyers this month: we are seeing a slight softening of the market. Properties are staying on the market longer and price reductions are happening. Check out my latest video below to hear a full rundown on May's stats.

May 2022 - La Jolla, CA Detached Homes

Number of New Listings: 29, -40%

Number of Homes Sold: 28, +4%

Median Sales Price: $3.1, -6%

Inventory Supply: 1.9 Months, -24%

Average Days on the Market: 25, -68%