Justin Tye

Jamul, CA

Single-Family Homes

Active Realty I REAL



Jamul, CA

Thu Jun 20 2024
This week the median list price for Jamul, CA is $1,272,500 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 18. Click here to stay informed with the Jamul market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Jamul, CA

Thu Jun 20 2024
This week the median list price for Jamul, CA is $1,272,500 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 18. Click here to stay informed with the Jamul market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Jamul market.
Median List Price $1,272,500
Median Price of New Listings $1,825,000
Per Square Foot $419
Average Days on Market 116
Median Days on Market 46
Price Decreased 39%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,447,500 5,221 2.5 - 5 acres 5 5.8 36 1 0 126
$1,407,500 4,135 2.5 - 5 acres 5 4 31 1 0 56
$1,249,900 3,375 10 - 20 acres 3 2.5 23 1 0 28
$995,000 2,192 1 - 2.5 acres 3 2.5 33 0 1 21