Is San Jacinto, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Jacinto is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, San Jacinto has remained a Seller's Market.

Key Takeaway

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

Housing Prices in San Jacinto, CA

How much do homes in San Jacinto, CA cost?

Median Sold Price

$476,032

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,032(+5.8%)

Key Takeaway

Homes in San Jacinto have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in San Jacinto was $476,032 in October 2024, up 5.8% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$140K
N/A
2 $325K$333.2K
+2.5%
3 $430K$455K
+5.8%
4 $485.5K$500K
+3.0%
5+ $510K$559K
+9.6%

Summary: San Jacinto housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Hemet
+7.0%
Hemet-San Jacinto
+7.0%
Perris Valley
+6.2%
San Jacinto
+5.8%

Housing Supply in San Jacinto, CA

How many homes are available in San Jacinto, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
169171+1.2%

Summary: The San Jacinto real estate market had 171 homes for sale in October 2024, a 1.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2022
+10.0%
3 6361
-3.2%
4 6559
-9.2%
5+ 2028
+40.0%

Summary: The San Jacinto housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4032-20.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Jacinto, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in San Jacinto in October 2024, down by 20.0% month-over-month. Of the 32 sold homes, 28% were sold under asking, 22% were sold at asking, and 50% were sold over asking.

Days on Market for San Jacinto, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days36 Days+35.7%

Summary: Homes in San Jacinto had an average of 36 days on market in Oct 2024, up by 35.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 32 homes were sold in San Jacinto; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

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