Is Jacumba, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jacumba has remained a Seller's Market.
Key Takeaway
Jacumba is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacumba, CA
How much do homes in Jacumba, CA cost?
Median Sold Price
$315,000
$231/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Jacumba have sold for 1.9% more than they did a month ago.
Summary: The median home sold price in Jacumba was $315,000 in June 2024, up 1.9% from last month, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299K | $110K | -63.2% |
| 2 Bedrooms | $319K | - | N/A |
| 3 Bedrooms | - | $347.5K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Jacumba housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 63.2%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Jacumba, CA
How many homes are available in Jacumba, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Summary: The Jacumba real estate market had 4 homes for sale in June 2024, a 42.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jacumba housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacumba, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Jacumba in June 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Jacumba, CA
How long does it take to sell a home in Jacumba, CA?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 15 Days | 8 Days | -48.4% |
Summary: Homes in Jacumba had an average of 8 days on market in Jun 2024, down by 48.4% compared to last month.
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 Jacumba are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 3 homes were sold in Jacumba; 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.