Is Palomar-Julian, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Palomar-Julian was a Seller's Market.
Housing Prices in Palomar-Julian, CA
How much do homes in Palomar-Julian, CA cost?
Median Sold Price
$590,000
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Palomar-Julian was $590,000 in June 2024, up 7.5% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $397K | $380K | -4.3% |
2 Bedrooms | $485K | $525K | +8.2% |
3 Bedrooms | $621.5K | $630K | +1.4% |
4 Bedrooms | $899K | $787.5K | -12.4% |
5+ Bedrooms | $1.4M | $540K | -62.8% |
Summary: Palomar-Julian housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 62.8%.
Housing Supply in Palomar-Julian, CA
How many homes are available in Palomar-Julian, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
57 | 58 | +1.8% |
Summary: The Palomar-Julian real estate market had 58 homes for sale in June 2024, a 1.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Palomar-Julian housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Palomar-Julian in June 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 24 Days | +3.6% |
Summary: Homes in Palomar-Julian had an average of 24 days on market in Jun 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in Palomar-Julian; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.