What's the Value of My La Jolla Home?
La Jolla Home Sales for July 2026
La Jolla is known for being 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, it’s easy to see why this is the case.
Serious buyers and sellers in La Jolla need to have current information about local market conditions for La Jolla homes for sale to help them make educated decisions about buying and/or selling a La Jolla home.
La Jolla is a seaside community with many homes offering spectacular views of the ocean from the hills and along the beaches. La Jolla has an upscale Village, which offers top-notch shopping, dining, galleries, and multiple services. La Jolla has often 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
47 homes sold in La Jolla in July, about the same as in June (46). Here’s a summary 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
22 (down by 3); 30 Average Days on Market; The Average Sales Price was $3,740,979 (down 14%); The Average Sales Price was 96% of the original asking price.
Condos, Townhomes & Duplexes Sold
25 (up by 4); 32 Average Days on Market; The Average Sales Price was $1,677,953 (up 26%); The Average Sales Price was 95% of the original asking price.
The overall volume of sales in the La Jolla real estate market was about the same as last month (up by 1). Condo, townhome and duplex sales went up by 4, while there were 3 fewer single family homes sales than last month. Sales prices ranged from $550,000 to $8,687,250.
The average time on the market was 5 days shorter for condos, townhomes and duplexes, and 3 days shorter for single family homes. 23% of the buyers made prompt decisions, going pending in 1 week or less, fewer than last month. As a result, it’s still important to be prepared for making quick decisions about touring homes and submitting offers since some properties go pending quickly.
The average sales price for single family homes dropped 14% from June. In contrast, the average sales price for condos, townhomes and duplexes increased from last month.
While the majority of the home buyers were able to negotiate the prices of their new homes, at the same time 30% paid asking price or higher, the same as last month.
The median sales price of single family homes, $3,574,500, was up 10% from the median in June. Similarly, the median price of $1,345,000 for condos, townhomes and duplexes was up 10% from last month.
There were no La Jolla homes with an Active Under Contract status at the end of July, the same as in June (when they occur these homes are considered active but might not accept backup offers or be available to tour).
There were 174 homes on the market at the end of July, up 4 from last month. List prices ranged from $485,000 to $87,500,000.
The current supply of single family homes is 4.2 months (up from 3.5 months last month), and 3 months for condos, townhomes and duplexes (up from 2.8 months 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, as well as for condos, townhomes and duplexes.
There were 70 new listings in July, down from 84 in June. 29 homes went pending in July (excluding those homes that closed escrow) compared to 42 last month.
If you would like more details about the housing market in La Jolla, please reach out to me. I can also provide details about residential areas that might 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 specific housing needs, budget, home buying goals and any questions that you have. 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 June 2026
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