Is Jamul, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamul is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Jamul has remained a Seller's Market.

Key Takeaway

Jamul is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jamul, CA

How much do homes in Jamul, CA cost?

Median Sold Price

$1,200,000

$441/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$200,000(+20.0%)

Key Takeaway

Homes in Jamul have sold for 20% more than they did a year ago.

Summary: The median home sold price in Jamul was $1,200,000 in August 2024, up 20% from last year, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $492.5K$770K
+56.3%
2 $550.5K$580K
+5.4%
3 $760K$918.5K
+20.9%
4 $1.1M$1.2M
+10.8%
5+ $1.3M$1.5M
+15.4%

Summary: Jamul housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.3%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Cities

Jamul
+20.0%
Alpine
+8.6%
Chula Vista
+8.3%

Housing Supply in Jamul, CA

How many homes are available in Jamul, CA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
6064+6.7%

Summary: The Jamul real estate market had 64 homes for sale in August 2024, a 6.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 1823
+27.8%
4 2012
-40.0%
5+ 1822
+22.2%

Summary: The Jamul housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
13130.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jamul, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Jamul in August 2024, the same as the previous month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% 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

Aug 2023Aug 2024CHANGE
26 Days15 Days-42.1%

Summary: Homes in Jamul had an average of 15 days on market in Aug 2024, down by 42.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jamul are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 13 homes were sold in Jamul; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Jamul, CA

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