August 2017

Found 1 blog entry for August 2017.

La Jolla Median Home Price July 2017

Year-to-date, there have been 187 sales (through July 2017, not including condos) in the 92037 zip code.  This figure is down 9.7% from the previous year and down 40.6% comparing July 2016 and 2017. The median home price however, is up 6.7% YTD in La Jolla and the median condo price is up 12.9% YTD. At $2.1M, La Jolla's median home price is more than 3.5 times San Diego County's median single family home price of $595,000 (which is up 8.2% YTD).   

 

La Jolla's inventory continues to stay low, with nearly 12% fewer new listings this year.  Countywide, San Diego has seen 10.4% fewer listings year-over-year, but only 0.6% drop is closed sales.  The lack of inventory has contributed to a steady rise in home prices and is keeping the sales price

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