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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Julian is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Julian was a Buyer's Market.

Key Takeaway

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

Housing Prices in Julian, CA

How much do homes in Julian, CA cost?

Median Sold Price

$591,000

$407/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$51,000(+9.4%)

Key Takeaway

Homes in Julian have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Julian was $591,000 in March 2024, up 9.4% from last year, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $417K$362.5K
-13.1%
2 $487K$560K
+15.0%
3 $664.5K$632K
-4.9%
4 $680.7K$865K
+27.1%
5+ $1.4M$1.5M
+8.4%

Summary: Julian housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Cities

Julian
+9.4%
Palomar-Julian
+5.5%
Borrego Springs
+4.8%
Laguna-Pine Valley
+0.9%

Housing Supply in Julian, CA

How many homes are available in Julian, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3133+6.5%

Summary: The Julian real estate market had 33 homes for sale in March 2024, a 6.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 85
-37.5%
3 813
+62.5%
4 1010
0.0%
5+ 11
0.0%

Summary: The Julian housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Julian, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Julian in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for Julian, CA

How long does it take to sell a home in Julian, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days57 Days+172.8%

Summary: Homes in Julian had an average of 57 days on market in Mar 2024, up by 172.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Julian; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

Newest Listings in Julian, CA

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