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 April 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

$1,125,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$130,000(+13.1%)

Key Takeaway

Homes in Jamul have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Jamul was $1,125,000 in April 2024, up 13.1% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $480K$631.2K
+31.5%
2 $551K$550K
-0.2%
3 $817.5K$925K
+13.1%
4 $1.0M$1.2M
+10.5%
5+ $1.4M$1.3M
-7.8%

Summary: Jamul housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.5%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Cities

Jamul
+13.1%
Chula Vista
+6.7%
Alpine
0.4%

Housing Supply in Jamul, CA

How many homes are available in Jamul, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5052+4.0%

Summary: The Jamul real estate market had 52 homes for sale in April 2024, a 4.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 1417
+21.4%
4 1315
+15.4%
5+ 1515
0.0%

Summary: The Jamul housing inventory by bedroom type for April 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 21.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Jamul in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% 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

Apr 2023Apr 2024CHANGE
50 Days32 Days-35.4%

Summary: Homes in Jamul had an average of 32 days on market in Apr 2024, down by 35.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were 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 April 2024, 14 homes were sold in Jamul; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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 14 Days Ago

Newest Listings in Jamul, CA

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