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

Housing Market Conditions



Gauge showing Palomar-Julian is a buyer's market


Difference Since January 2023

At the same time last year, Palomar-Julian was a Seller's Market.

Key Takeaway

Palomar-Julian is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Palomar-Julian, CA

How much do homes in Palomar-Julian, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Palomar-Julian have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Palomar-Julian was $579,500 in January 2024, up 7.5% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $415K$371.7K
2 $466.5K$470K
3 $660K$645K
4 $855.7K$793.5K
5+ $2.3M$745K

Summary: Palomar-Julian housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 67.6%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Palomar-Julian, CA

How many homes are available in Palomar-Julian, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Palomar-Julian real estate market had 32 homes for sale in January 2024, the same as December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 23
2 109
3 1010
4 77
5+ 33

Summary: The Palomar-Julian housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Palomar-Julian, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Palomar-Julian in January 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Palomar-Julian, CA

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

Average Sale Time

Jan 2023Jan 2024CHANGE
77 Days81 Days+4.0%

Summary: Homes in Palomar-Julian had an average of 81 days on market in Jan 2024, up by 4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Palomar-Julian has remained consistent over time.

Summary: During January 2024, 1 homes were sold in Palomar-Julian; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Palomar-Julian, CA

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