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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamul is a buyer's market

Buyer's
Market

Difference Since September 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

$1,200,000

$441/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$190,500(+18.9%)

Key Takeaway

Homes in Jamul have sold for 18.9% more than they did a year ago.

Summary: The median home sold price in Jamul was $1,200,000 in September 2024, up 18.9% from last year, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $492.5K$770K
+56.3%
2 $534.7K$615K
+15.0%
3 $799.9K$933.5K
+16.7%
4 $1.1M$1.2M
+12.9%
5+ $1.3M$1.5M
+16.5%

Summary: Jamul housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.3%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Cities

Jamul
+18.9%
Alpine
+12.8%
Chula Vista
+8.1%

Housing Supply in Jamul, CA

How many homes are available in Jamul, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6361-3.2%

Summary: The Jamul real estate market had 61 homes for sale in September 2024, a 3.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1918
-5.3%
4 1411
-21.4%
5+ 2427
+12.5%

Summary: The Jamul housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
146-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Jamul in September 2024, down by 57.1% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Sep 2023Sep 2024CHANGE
33 Days32 Days-2.1%

Summary: Homes in Jamul had an average of 32 days on market in Sep 2024, down by 2.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 6 homes were sold in Jamul; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 30 Days Ago

Newest Listings in Jamul, CA

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