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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacumba is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jacumba was a Neutral Market.

Key Takeaway

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

Housing Prices in Jacumba, CA

How much do homes in Jacumba, CA cost?

Median Sold Price

$309,000

$354/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$3,000(-1.0%)

Key Takeaway

Homes in Jacumba have sold for 1% less than they did a month ago.

Summary: The median home sold price in Jacumba was $309,000 in May 2024, down 1% from last month, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$299K
N/A
2 -$319K
N/A
3 $312K-
N/A
4 --
N/A
5+ --
N/A

Summary: Jacumba housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jacumba, CA

How many homes are available in Jacumba, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
660.0%

Summary: The Jacumba real estate market had 6 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 22
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Jacumba housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacumba, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Jacumba in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Jacumba, CA

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

Average Sale Time

Apr 2024May 2024CHANGE
34 Days15 Days-54.4%

Summary: Homes in Jacumba had an average of 15 days on market in May 2024, down by 54.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Jacumba; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

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