Carlsbad Real Estate News and Views: What's My La Jolla Home Worth? La Jolla Home Sales for September 2019

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What's My La Jolla Home Worth? La Jolla Home Sales for September 2019

What's the Value of My La Jolla Home?

La Jolla Real Estate Market September 2019


La Jolla Cove in La Jolla CAThe La Jolla real estate market is one of the most expensive in San Diego County. If you take a virtual visit to La Jolla (see link below), or in real life, you will quickly see why this is so.


Having up-to-date local information about La Jolla homes for sale is essential so you can make informed decisions about buying or selling your home in La Jolla.


La Jolla is a beautiful coastal community with many properties offering fabulous views of the ocean from the hills or shoreline, and a trendy, up-scale village offering the finest in shopping and dining. La Jolla has been compared to the French and Italian Rivieras with spectacular ocean and coastline vistas, spectacular homes, beautiful architecture, and a terrific year-round climate, attracting visitors, and buyers, from around the world.



La Jolla Real Estate – A Jewel on the San Diego Coastline


The La Jolla real estate market saw 52 home sales in September 2019, a substantial decrease by 40% from August, a trend seen in other communities. Here’s a summary of the real estate activity (these MLS summary data do not include private sales, and are believed to be accurate at the time this report was written but are not guaranteed).


Detached Homes Sold

26 (down 28%), 50 Days on Market, Average Sales Price $2,149,828 (down 43%), Average sale 95% of original asking price


Attached Homes (condos, town homes) Sold
26 (down 49%), 48 Days on Market, Average Sales Price $883,480 (up 4%), Average sale 96% of original asking price


The volume of sales in the La Jolla real estate market dropped markedly, especially for attached home sales. Average sales price decreased substantially for detached homes (in large part due to the sale last month of 6 homes over $5M including the Razor House, selling for $20,800,000 – this house was listed twice and thus raised the overall average in August with the sales price counted twice), but increased modestly for attached homes. 27% of the sales were cash transactions, versus 45% last month.


While La Jolla buyers negotiated, on average, 4 - 5% off list price, 19% of the La Jolla buyers paid full price or more for their homes. Time on market was shorter for detached single family homes but longer for attached homes than in August.


The median sales price of detached homes decreased to $1,962,500 (down 21%), and for attached homes to $751,250 (down 5% from last month).


La Jolla Farms homes


There were 4 La Jolla homes with a contingent status at the end of September, versus 2in August (these homes are still considered active, and may or may not actually be accepting more offers or be available to tour). 3 are first right of refusals and 1 is a short sale.


There were 309 La Jolla homes on the market at the end of September, a decrease, by 5%, from August. This translates to an inventory of 6.2 months for detached homes (up from 5.7 months last month), and 3.3 months for attached (up from 3.2 months last month), based on the rate of sales for the last 3 months. The La Jolla real estate market remains a seller’s market for attached homes, and is a balanced market for buyers of detached single family homes.


97 new listings came on the market in September, 19% fewer than last month but that's still 3 new listings per day; 54 homes went pending (excluding those that closed escrow), a slight decrease by 4 pendings from last month’s pendings.


If you would like more detailed information about the La Jolla real estate market, or would like to know more about specific residential areas and local market conditions (the Village, Muirlands, La Jolla Shores, La Jolla Farms, Bird Rock, Mt. Soledad, Windansea) please give me a call at (760) 840-1360. I’m happy to also discuss your housing needs and the purchase of a La Jolla home, and to create an effective plan to sell your current property if needed.





What’s my La Jolla Home Worth? La Jolla Real Estate Market for August 2019


My Jeff Dowler signature



eXpRealty of California, Inc. logo



Click to Search for All San Diego Homes


Free Home Valuation Button


My "At Home In Carlsbad" blog (click photo)

At Home In Carlsbad blog


365 Things to Do in Carlsbad (and Nearby) on Facebook   

  Jeff Dowler's Facebook Profile   Jeff Dowler's YouTube Profile    Jeff Dowler's Twitter Profile   Jeff Dowler's LinkedIn Profile


      Certified Residential Specialist (CRS) logo




If I can provide more information about homes for sale in Carlsbad and in surrounding areas, local housing market conditions, or assist you, friends or family in a purchase or sale, please call or text me at (760) 840-1360, or email me at



CALL or TEXT ME AT (760) 840-1360


Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and  Greater San Diego

All content ©Copyright 2020 by Jeff Dowler. All rights reserved.

eXp Realty of California, Inc. (CA DRE lic #01490977)

Comment balloon 2 commentsJeff Dowler, CRS • October 12 2019 05:52PM


Thanks for the update, all the best to you as you get many of these properties listed and sold.


Posted by Sally Crane, Woodland appraisal support. (WMS) 8 months ago

Good morning Jeff. The saga of California real estate values continues to amaze. Thanks for the update. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 8 months ago