What's the Value of My La Jolla Home?
La Jolla Home Sales for May 2026
La Jolla is one of the more expensive housing markets in San Diego County. If you visit this upscale coastal community online (see Read More link below), or in real life, you will see why this is so.
It’s important that serious buyers and sellers in La Jolla have current information about local market conditions for La Jolla homes for sale to help them make informed decisions about buying and/or selling a La Jolla home.
La Jolla is a coastal community with numerous homes offering gorgeous views of the ocean from the hills and along the coast. La Jolla has an upscale Village, which offers top-notch shopping, dining, galleries, and multiple services. La Jolla has been compared to the French and Italian Rivieras due to its appealing ocean and coastline vistas, spectacular homes, and a comfortable climate year-round that attracts visitors from around the world.
READ MORE:
La Jolla Real Estate – A Jewel on the San Diego Coastline
52 homes sold in La Jolla in May, 17% fewer sales than in April. Here’s an overview of the activity (the MLS data do not include private sales and are believed accurate at the time this report was compiled but are not guaranteed).
Single Family Homes Sold
21 (down 40%); 51 Average Days on Market; The Average Sales Price was $4,868,715 (up 25%); The Average Sales Price was 95% of the original asking price.
Condos, Townhomes & Duplexes Sold
31 (up by 3); 45 Average Days on Market; The Average Sales Price was $1,494,080 (up 17%); The Average Sales Price was 95% of the original asking price.
The overall volume of sales in the La Jolla real estate market declined from last month. Condo, townhome and duplex sales rose by 3, while there were substantially fewer single family homes sales than last month. Sales prices ranged from $450,000 to $17,000,000.
The average time on the market was shorter for condos, townhomes and duplexes, as it also was for single family homes. 11 (21%) of the buyers made prompt decisions, going pending in 7 days or less, more than last month. It’s important to be prepared for making quick decisions about touring homes and submitting offers since some properties sell quickly.
The average sales price for single family homes rose 25% from April, no doubt due in part to the sale of 1 home for $17M that raised the average. The average sales price for condos, townhomes and duplexes also increased from last month.
The majority of the home buyers negotiated the prices of their new homes, while 27% paid asking price or higher, which was the same as last month.
The median sales price of single family homes, $3,200,000, was down 16% from the median in April. In contrast, the median price of $1,300,000 for condos, townhomes and duplexes was up 22% from last month.
There were 2 La Jolla homes with an Active Under Contract status at the end of May, compared to 1 in April (when they occur these homes are considered active but might not accept backup offers or be available to tour).
There were 164 homes on the market at the end of May, up by 6% from last month. List prices ranged from $489,999 to $87,500,000.
The current supply of single family homes is 3.2 months (down from 3.6 months last month), and 2.5 months for condos, townhomes and duplexes (the same as last month). These statistics (absorption rate) are based on the rate of sales over the last 3 months and the current supply of homes.
La Jolla is a seller’s market for single family homes, and a strong seller’s market for condos, townhomes and duplexes.
There were 70 new listings in May, down slightly from 72 in April. 37 homes went pending (excluding those homes that closed escrow) compared to 40 last month.
If you would like more specifics about the housing market in La Jolla, please reach out to me. I can also provide details about residential areas that may be of interest (e.g., the Village, La Jolla Shores, La Jolla Farms). Please contact me directly or via text at (760) 840-1360. We can discuss your personal housing needs, budget, home buying goals and any questions. Then we can create a strategy to sell your current home if that’s your plan.
SEARCH FOR HOMES FOR SALE IN LA JOLLA CA
READ MORE:
What’s my La Jolla Home Worth? La Jolla Real Estate Market for April 2026
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