What's the Value of My La Jolla Home?
La Jolla Home Sales for August 2025
La Jolla is one of the more expensive housing markets in San Diego County. When you visit La Jolla online (see Read More link below), or in person, it becomes obvious why this is so.
As a buyer or seller in La Jolla, having up-to-date information about the local market conditions for La Jolla homes for sale will help you make educated decisions about buying and/or selling your La Jolla home.
La Jolla is a coastal community with numerous homes offering beautiful views of the ocean from the hills and along the coast. La Jolla has an upscale Village, offering top-notch shopping, dining, galleries, and multiple services. La Jolla has been compared to the French and Italian Rivieras due to the wonderful ocean and coastline vistas, spectacular homes, and an appealing climate year-round that attracts visitors from around the world.
READ MORE:
La Jolla Real Estate – A Jewel on the San Diego Coastline
47 homes sold in La Jolla in August, 15% fewer sales than in July (55). Here’s an overview of the activity (the MLS data do not include private sales and are believed to be accurate at the time this report was compiled but are not guaranteed).
Single Family Homes Sold
27 (down by 2); 34 Average Days on Market; The Average Sales Price was $4,895,083 (up 10%); the average sales price was 94% of the original asking price.
Condos, Townhomes & Duplexes Sold
20 (down by 6); 47 Average Days on Market; Average Sales Price was $1,473,275 (down 13%); Average sales price was 98% of the original asking price.
The overall volume of sales in the La Jolla real estate market decreased from last month. Condo, townhome and duplex sales were lower, as were single family homes sales. Sales prices ranged from $405,000 to $11,000,000.
The average time on the market was longer for condos, townhomes and duplexes, as it also was for single family homes. 7 buyers made prompt decisions, with 15% of the homes going pending in 1 week or less. It’s still a good idea to be prepared to make quick decisions about touring homes and submitting offers since some do sell quickly.
The average sales price for single family homes increased from July. On the other hand, the average price for condos, townhomes and duplexes was lower than last month.
Most of the home buyers negotiated the prices of their new homes down from list price; 6 paid list price or higher, fewer than did so last month.
The median sales price of single family homes, $4,400,000, was up 26% from the median in July. In contrast, the median price of $1,070,000 for condos, townhomes and duplexes was 13% lower than last month.
There were 2 La Jolla homes with an Active Under Contract status at the end of August, compared to 1 in July (when they occur these homes are considered active but might accept backup offers or be available to tour).
There were 198 homes on the market at the end of August, compared to 206 at the end of July, a decline by 4%. List prices ranged from $495,000 to $108,000,000.
The current supply of single family homes is 4.9 months (up from 4.8 months last month), and 3.9 months for condos, townhomes and duplexes (up from 3.7 months last month). This is based on the rate of sales over the last 3 months and the current inventory.
La Jolla is trending toward a balanced market for single family homes, and is a sellers’ market for condos, townhomes and duplexes.
There were 64 new listings in August, down from 78 in July. 34 homes went pending (excluding those homes that closed escrow) compared to 35 last month.
If you would like more details about the housing market in La Jolla, please reach out. I can also provide specifics about residential areas that may be of interest (e.g., the Village, La Jolla Shores, La Jolla Farms). Please contact me directly or by text at (760) 840-1360. We can discuss your personal housing needs, budget, home purchase plans and any questions. Then we can develop a strategy to sell your current home if that’s your goal.
SEARCH FOR HOMES FOR SALE IN LA JOLLA CA
READ MORE:
What’s my La Jolla Home Worth? La Jolla Real Estate Market for July 2025
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