Wednesday, July 27, 2022

La Jolla, CA 92037 Housing Trends as of 07/22/2022

Brian Ward
La Jolla, CA Certified Residential Real Estate Appraiser
https://www.brianward.com/La-Jolla/Appraiser/La-Jolla.html
Contact: https://forms.gle/6R2NSosPMkniLG5VA
SALES INFORMATION:
# of Sales 0-3 Months: 70
# of Sales 3-6 Months Ago: 95
Change: -26.3%
# of Sales 0-6 Months: 163
# of Sales 12-18 Months Ago: 108
Change: 50.9%
Linear $/Sf Change, 12 Months: 30.62%
Linear Sales $ Change, 12 Months: 38.4%
Linear $/Sf Change, 6 Months: 5.51%
Linear Sales $ Change, 6 Months: -10.36%
Median Sale Price 0-3 Months: $3,450,000
Median Sale Price 3-6 Months Ago: $3,800,000
Change: -9.2%
Median Sale Price 0-6 Months: $3,700,000
Median Sale Price 12-18 Months Ago: $3,209,500
Change: 15.3%
Median $/Sf 0-3 Months: $1,188.17
Median $/Sf 3-6 Months Ago: $1,211.10
Change: -1.9%
Median $/Sf 0-6 Months: $1,209.66
Median $/Sf 12-18 Months Ago: $1,056.25
Change: 14.5%
Sales Price to List Price Ratio 0-3 Months: 100.0%
Sales Price to List Price Ratio 3-6 Mo. Ago: 100.0%
Change: 0.0%
LISTING INFORMATION:
Months of Inventory Based on 30 Day's Sales: 5.7
Anticipated Marketing Time: 30-60 days
# of Listings Past 3 Months: 137
# of Listings 3-6 Months Ago: 122
Change: 12.3%
Listings Days on Market (0-3 Months): 20
Listings Days on Market (3 to 6 Months Ago): 18
Change: 14.3%
Median Listing $/Sf (0-3 Months): $1292.55
Median Listing $/Sf (3-6 Months Ago): $1308.70
Change: -1.2%
MARKET AREA (PAST 12 MONTHS):
Most Common Living Area Range (Sf): 1,164 to 6,030
Most Common Property Year Built: 1955 to 2005
# of Stories
1 Story / 41.0%
2 Story / 40.8%
3 Story / 13.0%
4 Story / 0.4%
Other/Remarks / 0.6%