Is Jamul, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jamul was a Seller's Market.
Key Takeaway
Jamul is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jamul, CA
How much do homes in Jamul, CA cost?
Median Sold Price
$1,150,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jamul have sold for 21.1% more than they did a year ago.
Summary: The median home sold price in Jamul was $1,150,000 in May 2024, up 21.1% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $486.2K | $770K | +58.4% |
| 2 Bedrooms | $550.5K | $550K | -0.1% |
| 3 Bedrooms | $802.5K | $910K | +13.4% |
| 4 Bedrooms | $1.0M | $1.2M | +17.4% |
| 5+ Bedrooms | $1.4M | $1.3M | -3.9% |
Summary: Jamul housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.4%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Jamul | $950K | $1.1M | +21.1% |
| Chula Vista | $735.4K | $785K | +6.7% |
| Alpine | $889K | $947.5K | +6.6% |
Housing Supply in Jamul, CA
How many homes are available in Jamul, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 56 | +5.7% |
Summary: The Jamul real estate market had 56 homes for sale in May 2024, a 5.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Jamul housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 3 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jamul, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Jamul in May 2024, down by 80.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Jamul, CA
How long does it take to sell a home in Jamul, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 2 Days | -82.2% |
Summary: Homes in Jamul had an average of 2 days on market in May 2024, down by 82.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jamul are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Jamul; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.