Avezta Realty International Corp.

La Jolla Real Estate Market Report

Executive Summary

Carlos EscabaCarlos EscabaLocal expert · La Jolla

The La Jolla, CA real estate market is currently classified as a balanced market. The median asking price is $838K, up 20.8% over the past 30 days.

There are currently 348 active listings, representing 7.7 months of inventory. 115 properties have sold in the past 90 days at a median sold price of $2.3M. Inventory has increased 40.3% compared to last month.

Currently, listings spend an average of 36 days on market and the average price per square foot is $709.

Detached properties make up the largest share of the La Jolla market at 56% of active listings with an average price of $4.4M. Condo listings follow at 35% (avg $1.2M).

Sales Activity & Absorption

Volume

45
Sold (30d)
115
Sold (90d)
36
Avg DOM
99
New (30d)

Market Signals

16
Price Cuts (30d)
32
New (7d)
69%
Sell-Through
95.3%
List-to-Sale

Greater San Diego Association of REALTORS® reported 43 sales this period, 99 new listings appeared in the past month, 16 sellers reduced their asking price.

Greater San Diego Association of REALTORS® Monthly Report

{"zip":"92037","source_url":"https://sdar.stats.10kresearch.com/docs/lmu/2026-07/x/92037%E2%80%93LaJolla?src=page","detached":{"new_listings":35,"pending":19,"closed":20,"median":3587500,"pct_of_list":95.9,"dom":34,"inventory":90,"months_supply":4,"median_yoy":0.6,"closed_yoy":-25.9},"attached":{"new_listings":40,"pending":18,"closed":23,"median":1345000,"pct_of_list":95.6,"dom":38,"inventory":83,"months_supply":3.7,"median_yoy":9.8,"closed_yoy":-17.9}}

Source: Greater San Diego Association of REALTORS®, July 2026

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
7.7months
Buyer's Market
Sales-to-New Listings (SNLR)57.3%

Demand moderately exceeds supply — conditions favor sellers.

Sell-Through Rate69.2%
Inventory Change (30d)+40.3%
Board Active Listings173
Site Active Listings348

With 7.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg PriceSold (12 mo)
LA JOLLA343$3.2M519

Sold figures computed from SDMLS records for the last 12 months, updated continuously from our MLS data feed.

Avg 3 schools nearbyAvg 4 parks nearbyAvg 4 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $838K, 20% down, 25yr amortization
$3,897/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The La Jolla market currently has 348 active listings with a median price of $838K and 7.7 months of inventory.

  • High inventory (7.7 months) favors buyers
  • Prices rising (20.8% in 30 days)
  • Low price reduction rate (5% of listings)
  • Average price per square foot is $709
  • Sold properties averaged 64 days on market

For Buyers

The La Jolla market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 32 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. 16 listings have reduced their price in the past 30 days. The current sell-through rate is 69%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Carlos Escaba with AI assistance, reviewed by our team.

Search La Jolla

Browse all 348 active listings.

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Resources

Monthly Reports Archive

Greater San Diego Association of REALTORS® Reports Balanced Market Conditions for July 2026July 2026Greater San Diego Association of REALTORS® Market Report: June 2026June 2026
View all reports →

Explore La Jolla

Homes for Sale in La Jolla348 active listingsCost of Living in La JollaHousing, rent & expensesSold Data in La JollaRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.