La Jolla Real Estate Market Mid-Year Recap: June 2025 Trends & What They Mean for You
As we close out the first half of 2025, we’re seeing meaningful shifts in the La Jolla real estate market—some expected, some surprising. The trends emerging in both the single-family and condo/townhome segments offer valuable insights for buyers and sellers navigating the current landscape.
Single-Family Homes: Softer Prices, Strong Demand
In La Jolla’s single-family market, the median sales price dipped slightly by 2.3%, settling at $3,420,000. While this represents a modest year-over-year decline, homes are moving faster—average days on market dropped to just 38, a 7.3% improvement compared to last year.
Buyers are benefitting from a surge in new inventory: 291 new listings year-to-date, up 22.3% from 238 at the same time in 2024. This gives prospective homeowners more options and negotiating room, while sellers are still enjoying strong returns—on average, sellers received 97.2% of their original asking price.
Pending sales rose 8.8%, underscoring that demand remains steady, even with price adjustments.
Condos & Townhomes: More Choices, Rising Prices
The condo and townhome market is also seeing a rise in listings—inventory is up 24.6% year-over-year. However, despite a 6.3% drop in closed sales, prices are climbing, with the median sales price rising to $1,286,000, a 6.3% year-to-date increase.
One noticeable change is the time it takes to sell. These properties are now averaging 39 days on market, up from 31 days last year, indicating buyers may be weighing their options more carefully as inventory grows.
What This Means for You
For Sellers
Today’s buyers are well-informed and highly selective. With more listings on the market, homes that stand out are the ones that are strategically priced, professionally marketed, and presented with care. In both market segments, correctly positioned homes are still attracting serious offers.
For Buyers
The combination of rising inventory and moderating price growth could mean more negotiating power and a broader range of options. Whether you're looking for your first home, a vacation property, or an investment opportunity, La Jolla’s current market conditions may offer the flexibility you’ve been waiting for.
Thinking of Making a Move?
Whether you're actively planning your next move or simply staying informed, we’re always here to help you navigate the La Jolla market with insight, care, and results.
If you’d like a personalized update on your home’s value or want to discuss your real estate goals, don’t hesitate to reach out—we’re just a call or email away.
John McGuinness & Tyler Safran
La Jolla Property Group at Compass
📞 858.255.0817 | 📧 [email protected]
DRE# 02189953 | DRE# 02110763
🌐 lajollapropertygroup.com
