LA Jolla Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
26.6% YoY
Median Price/Sqft
12.1% YoY
No. of Transactions
-84.3% YoY
County Median Sale Price
6% YoY
In Q3, the median home sale price in LA Jolla was $2.3M, an increase of 26.6% year-over-year. By contrast, sales activity trended down with 22 deals closed, representing a decline of -84.3% compared to the same period last year. The median price per square foot in Q3 was $1K, a change of 12.1% year-over-year, while the median sale price in San Diego County was $900K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in San Diego County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | LA Jolla | $2,311,500 |
| 2 | Poway | $1,637,500 |
| 3 | Carlsbad | $1,625,000 |
| 4 | Encinitas | $1,469,000 |
| 5 | LA Mesa | $1,010,000 |
| 6 | San Diego | $925,000 |
| 7 | San Marcos | $900,000 |
| 8 | Oceanside | $875,000 |
| 9 | Escondido | $850,000 |
| 10 | Chula Vista | $825,000 |
| 11 | Vista | $790,000 |
| 12 | Spring Valley | $780,500 |
| 13 | El Cajon | $775,000 |
| 14 | Santee | $768,500 |
| 15 | Fallbrook | $740,000 |
Residential Property Types Sold in LA Jolla
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $1.4M | 43.5% | $1K | 22.4% | 8 |
| House | $2.6M | -9.4% | $1K | 7.5% | 14 |
The Q3 median sale price for houses in LA Jolla was $2.6M, declining -9.4% year-over-year. By contrast, the median price for condos in LA Jolla was on the rise, gaining 43.5% to hit $1.4M in Q3.
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