6 Upgrades to Secure a Speedy Sale This Summer

Selling This Summer? 6 Upgrades to Secure a Speedy Sale

(BPT) - When the weather warms up, so does the real estate market. Spring and summer are traditionally the seasons when both homebuyers and sellers are most active across the country. If you'll be putting your home on the market this year, simple, cost-effective upgrades can help ensure a speedy sale at a good price.



"In the world of real estate, it's often necessary for sellers to spend a little on upgrades in order to achieve a satisfying home sale," says Bethany Richmond, communications director for the Carpet & Rug Institute. "Fortunately, some of the most impressive upgrades, such as new carpeting, are also affordable. Such upgrades ensure that you don't have to spend a lot to achieve a better selling price."



Here are six easy-to-do upgrades that are both cost-effective and high-impact:



1. Replace carpet

It's easy to see the impact of worn or dated carpeting. "If you don't like looking at it, buyers won't either," Richmond says. "Replacing old or damaged carpet delivers impressive appeal for a modest investment."



New carpet is one upgrade that has a high ratio of value to cost. It substantially increases perceived value for homebuyers without requiring home sellers to spend a bundle. "Even less expensive carpet styles will freshen the look of a room and prepare it for sale," Richmond notes. "You can get a lot more quality for just a little more money, she says, "and if you take advantage of spring carpet sales, installing new carpeting can cost even less."



2. Clean flooring

If your carpet is still in great shape, then simply having it professionally cleaned can make it look even better. A deep professional cleaning helps lift tough soils and provides a cleaner, fresher look to rooms. You can find an expert in your area by visiting www.carpet-rug.org. CRI experts can even provide insight into how to remove difficult stains.



Not only is carpet a good value, it's healthy, too. People with allergies or other sensitivities are installing carpet to improve indoor air quality. Recent studies support previous findings that carpet, when effectively cleaned, traps allergens and other particles, resulting in less dust, dander and airborne contaminants escaping into the air. Don't forget to clean all other flooring, including hardwood, laminates and tile. Buyers will appreciate a sparkling clean appearance throughout the house.



3. Repaint in neutral shades

Fresh paint is another smart and cost-effective upgrade for sellers. Buyers expect it, yet many sellers hesitate to repaint. Perhaps they like the existing colors or balk at the cost of professional painting services. Yet repainting in neutral colors makes a room look fresher and brighter, and gives buyers a visual "blank slate" against which to imagine their own decor. Do the work yourself and you can reduce the cost of repainting even further.



4. Update or upgrade lighting

You may find that disco-ball style globe light charming in your kitchen, but the average buyer doesn't want dated or unusual lighting. Replacing dated or worn fixtures, especially in bathrooms and kitchens, is a cost-effective way to give a room a more up-to-date, contemporary look. If you already have newer fixtures, consider replacing incandescent bulbs with high-efficiency options such as CFLs or LEDs. Although they're a bit more expensive to purchase, these bulbs last years longer - a selling point for buyers who will reap the value of not having to replace bulbs any time in the near future.



5. Install new faucets

A high-end faucet can completely change the look and usability of a kitchen or bathroom. In terms of cost versus value, an upgraded faucet, such as pull-out or even touch-free styles, can dramatically increase perceived value for a relatively modest investment. An upgraded faucet is a thoughtful touch that will set your home apart in buyers' minds.



6. Replace hardware throughout the home

You may have already thought of upgrading kitchen cabinet knobs and drawer pulls, but have you also upgraded hardware in your bathroom or on the front door? These seemingly small items have a major impact on the overall visual effect of a home. In desirable rooms such as kitchens and baths, designer hardware can elevate the entire look of the room. And upgraded door hardware will ensure buyers have a positive first impression from the moment they enter your home.

Reprinted with permission from RISMedia. ©2014. All rights reserved.

California Real Estate Quick Facts

California Median Home Price: February 2014

• California Median:  $404,250
• Highest Median County/Area:  Marin, $983,690
• Lowest Median County/Area:  Plumus, $118,000

Mortgage Rates for week ending 3/20/2014 (Source: Freddie Mac)

• 30-yr. fixed 4.32%, fees/points: 0.6%
• 15-yr, fixed 3.32%, fees/points: 0.6%

El Cajon Real Estate Market Report February 2014

Here is the monthly real estate report for El Cajon.  I have included the numbers for all 3 zip codes.  This report is for single family homes only.  If you would like the numbers for condos, just let me know.  If you would like to see another area or some great graphs of the market trends visit My Website

92019
There are currently 80 Active listings in El Cajon 92019.  Ranging from $317,000 for 2 bedroom, 2 bathroom, 1131 square feet to $1,495,000 for 6 bedrooms, 6 bathroom, 4287 square feet.

45 properties are pending (currently in escrow).

31 properties SOLD (closed escrow) in February.  Ranging from $228,000 for 3 bedrooms, 1 bathrooms, 1036 square feet to $1,155,000 for 4 bedrooms, 4 bathrooms, 3540 square feet.  The average market time for the homes that sold was 45 days.

92020
There are currently 55 Active listings in El Cajon 92020.  Ranging from $215,000 for 3 bedroom, 2 bathroom, 1357 square feet to $1,250,000 for 6 bedrooms, 5 bathroom, 5368 square feet.

39 properties are pending (currently in escrow).

22 properties SOLD (closed escrow) in February.  Ranging from $190,050 for 2 bedrooms, 1 bathrooms, 964 square feet to $705,000 for 4 bedrooms, 3 bathrooms, 2893 square feet.  The average market time for the homes that sold was 57 days.

92021
There are currently 54 Active listings in El Cajon 92021.  Ranging from $267,000 for 3 bedroom, 1 bathroom, 1223 square feet to $979,000 for 4 bedrooms, 4 bathroom, 3424 square feet.

32 properties are pending (currently in escrow).

16 properties SOLD (closed escrow) in February.  Ranging from $222,500 for 3 bedrooms, 2 bathrooms, 1238 square feet to $835,000 for 5 bedrooms, 3 bathrooms, 3455 square feet.  The average market time for the homes that sold was 49 days.

El Cajon Monthly Real Estate Report - January 2014

Here is the monthly real estate report for El Cajon.  I have included the numbers for single family homes in all three of the El Cajon zip codes.  Please visit my website to see other areas and to view graphs that show the El Cajon Real Estate Market Trends.

92019

There are currently 86 Active listing in El Cajon (92019).  They range from $324,000 for 3 bedrooms, 2 bathrooms, 1134 square feet to $1,495,000 for 6 bedrooms, 6 bathrooms, 4287 square feet.

45 properties are pending (currently in escrow).

20 properties sold (closed escrow) in January.  Ranging from $200,000 for 3 bedrooms, 1 bathroom, 1064 square feet to $1,100,000 for 5 bedrooms, 4 bathrooms, 4201 square feet.  The average time on the market was 52 days.

92020

There are currently 61 Active listings in zip code 92020.  They range from $274,900 for 3 bedrooms, 2 bathrooms, 1082 square feet to $1,250,000 for 6 bedrooms, 5 bathrooms, 5368 square feet.

27 properties are pending (currently in escrow).

17 properties sold (closed escrow) in January.  Ranging from $230,500 for 2 bedroom, 1 bathroom, 895 square feet to $1,229,000 for 4 bedrooms, 5 bathrooms, 4568 square feet.  The average time on the market was 55 days.

92021


There are currently 61 Active listings in zip code 92021.  They range from $219,000 for 3 bedrooms, 2 bathrooms, 1222 square feet to $979,000 for 4 bedrooms, 4 bathrooms, 3424 square feet.

30 properties are pending (currently in escrow).

22 properties sold (closed escrow) in January.  Ranging from $270,000 for 3 bedroom, 2 bathroom, 1377 square feet to $475,000 for 5 bedrooms, 4 bathrooms, 3259 square feet.  The average time on the market was 50 days.

Jamul Real Estate Report -January 2014

It is time for the monthly look at the local real estate market.  Here is how the real estate market looked for Jamul in January.

There are currently 22 active listings in Jamul.  Ranging from $219,000 for 3 bedrooms, 1 bathroom, 888 square feet to $1,800,000 for 5 bedrooms, 6 bathrooms, 8841 square feet.

23 properties are pending (currently in escrow).

1 property sold (closed escrow) in January.  It was a 3 bedroom, 3 bathroom, 2098 square foot home.  It sold for $710,000 and was on the market for 28 days.

Please visit my website to view Jamul Real Estate Market Trends or to explore another neighborhood.

How Does the Real Estate Market Look for 2014

Two of the biggest questions I am asked as a real estate professional lately is "How is the market?"  and "What will 2014 be like for real estate?"  Well, here are the answers.

How is the market?
Currently in San Diego county home prices are rising, inventory is low and mortgage interest rates are still very low.

What to expect.
The real estate market will continue to recover as the economy improves and more sellers regain equity in their homes.  Inventory will then improve but it will be more expensive to buy a home in 2014 than it currently is due to rising prices and mortgage interest rates.

Should I buy now or wait?
You should buy now if you can.  Inventory may be low but that doesn't mean you can't find the home of your dreams.  It benefits you to buy now and take advantage of the low interest rates.  Why wait for home prices and interest rates to go up?

Should I sell now?
That depends on your situation.  If you are buying replacement home then yes!  Take advantage of the interest rates and lower home prices.  Not to mention there is less competition from other sellers.

But won't I be able to sell my current home for more in a year or two?
Yes the price of your current home should rise but so will the price of the new house you are buying and with all likelihood interest rates will rise as well.  These are items you will be paying for years to come.  Waiting could cost you thousands of dollars.

3 Real Estate Scams to Watch Out For

Important information!  Please share with your friends.

Though the housing recovery is trucking along, that doesn't mean real estate scams have gone away. Home owners have been duped out of an average of $4,000 to $5,000 from scams, but even five-figure losses aren’t uncommon for those who have fallen prey to fake loan modifications and other housing fraud. Forbes recently highlighted three of the most common real estate scams today:

1. Rental scams: Scammers illegally pull online listing information from a home for sale and re-post it as a rental on another site, such as Craigslist. They’ll often ask for money upfront, in the form of a security deposit or broker fee, from prospective tenants. Scammers often advertise the home at a low price and collect application fees from several prospective tenants in order to hold the property for them. 
Warning signs: Be cautious of wiring money or paying any upfront fee before you’ve met the agent or signed the contract. Also, be skeptical if they can’t show you the property when you ask.

2. Loan modification scams: Scammers may offer “fake foreclosure counseling, phony forensic loan auditing, nonexistent mass rejoinder lawsuits, bait-and-switch ploys, leaseback programs, and fraudulent ‘government’ modification programs,” Forbes reports.
Warning signs: Be skeptical if anyone asks for money for foreclosure counseling. Foreclosure counseling is free from agencies like the U.S. Department of Housing and Urban Development. Also, always contact your lender directly to work through a modification process. Don’t allow someone to do that on your behalf.

3. Workshop scams: An investment guru will host a get-rich-quick real estate investing seminar and have you sign up for a course that is free or low-cost. The investor may then give you actual properties to invest in if you offer up thousands of dollars in advance. They make bold promises that you’ll become a millionaire, but then nothing ever happens. Also, a form you may have signed initially to take the class may prevent you from taking legal action against the instructor to recoup your money. 
Warning signs: While not every workshop instructor is a scammer, be sure to check out the program thoroughly before signing up. Check the company’s rating with the Better Business Bureau. Also, check if it’s linked to a reputable industry association.
Source: “3 Real Estate Scams and How to Avoid Them,” Forbes.com (July 16, 2013)

Alpine Real Estate Market Report - May 2013

Happy summer everyone.  It is June, so time for the May real estate market report for Alpine.  I have included the statistics for the active, pending and sold single family homes.  If you would like the numbers for condos or another area, feel free to let me know.

There are currently 38 active real estate listings in Alpine, ranging from $274,900 for 2 bedrooms, 1 bathroom, 922 square feet to 2,500,000 for 3 bedrooms, 3 bathrooms, 3100 square feet.

47 properties are pending (currently in escrow).

23 properties sold (closed escrow) ranging from $276,000 for 2 bedrooms, 2 bathrooms, 1118 square feet to $1,900,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.  The average time on the market was 59 days.

El Cajon Real Estate Market Report - April 2013

Happy May Day everyone. Here are the real estate statistics for El Cajon for the month of April 2013. I have included the numbers for single family homes for all three zip codes. If you would like th stats for condos or another area, please feel free to let me know.

92019
There are currently 44 Active listings. Ranging from $279,000 for 2 bedrooms, 2 bathrooms, 1152 square feet to $1,999,999 for 4 bedrooms, 6 bathrooms, 5890 square feet.

44 properties are pending (currently in escrow).

20 properties sold (closed escrow) in April. Ranging from $245,000 for 3 bedrooms, 2 bathrooms, 1014 square feet to $725,000 for 4 bedrooms, 4 bathrooms, 3330 square feet. The average time on the market was 70 days.

92020
There are currently 38 Active listings. Ranging from $220,500 for 2 bedrooms, 2 bathrooms, 1128 square feet to $1,595,873 for 6 bedrooms, 5 bathrooms, 5368 square feet.

51 properties are pending (currently in escrow).

24 properties sold (closed escrow) in April. Ranging from $224,900 for 1 bedrooms, 1 bathroom, 774 square feet to $675,000 for 3 bedrooms, 2 bathrooms, 3000 square feet. The average time on the market was 43 days.

92021
There are currently 35 Active listings. Ranging from $299,900 for 3 bedrooms, 2 bathrooms, 1358 square feet to $900,000 for 5 bedrooms, 4 bathrooms, 4861 square feet.

77 properties are pending (currently in escrow).

47 properties sold (closed escrow) in April. Ranging from $171,000 for 2 bedrooms, 1 bathroom, 878 square feet to $659,000 for 4 bedrooms, 3 bathrooms, 2873 square feet. The average time on the market was 54 days.

Good News for FHA Buyers

The Federal Housing Administration (FHA) has extended the 90 day anti flipping waiver through 2014.  This is good news for buyers who are using an FHA backed loan to purchase a property.  FHA loans only required a 3.5% down payment.  The extension of this waiver allows buyers to purchase a home that has been sold previously in the last 90 days.

If this waiver had not been extended, FHA buyers would not be able to buy a home that had been sold in the last 90 days.  This would have seriously limited the number of properties they could purchase.  FHA buyers are already limited by FHA standards as to the properties they can buy.  You add the low inventory we have today and a FHA buyer would have had an even harder time finding a suitable property.  I am so glad the waiver was extended.

Foreclosure Protection Extended for Active Duty Service Members

President Obama recently signed into law the "Honoring America's Veterans and Caring for Camp Lejeune Families Act of 2012".  This act extends foreclosure protection for active duty service members. 

Under the current "Service Members Civil Relief Act" a service member is protected from foreclosure while on active duty and for 9 months after discharge or retirement.  This act was scheduled to expire at the end of 2012.

With the signing of the new act, active duty members are protected from foreclosure while on active duty and for 9 months after the end of active duty.  On February 2, 2013 the protection will be extended to 1 full year after active duty ends.

On January 1, 2015 the foreclosure protection for active duty members will revert back to 2008 levels which is protection for 90 days after active duty ends.

'Underwater' Officially Becomes Word

Daily Real Estate News | Wednesday, August 15, 2012

  

The term “underwater” has commonly been used in the housing industry to describe troubled mortgages. Now, Merriam-Webster announced it’s recognizing the word by adding it to the dictionary.

So what’s the official meaning of the mortgage-related term?

According to the 2012 update of the Merriam-Webster’s Collegiate Dictionary, “underwater” in the real estate sense is defined as “having, relating to, or being a mortgage loan for which more is owed than the property securing the loan is worth.”

Other commonly used real estate-related words added to the 2012 dictionary include: “man cave” (“a room or space -- as in a basement -- designed according to the taste of the man of the house to be used as his personal area for hobbies and leisure activities”) and technology words like “cloud computing” ("the practice of storing regularly used computer data on multiple servers that can be accessed through the Internet") and “mash-up” ("something created by combining elements from two or more sources").
Source: Merriam-Webster

Alpine Real Estate Market Report - June 2012

It is time for the monthly real estate market report for Alpine. Here you will find the number of active, pending and homes that sold in June 2012. As you can see, inventory remains low!

There are currently 60 Active real estate listings in Alpine. Ranging from $175,000 for 3 bedroom, 1 bathroom, 1236 square feet to $2,595,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.

33 properties are pending, (in escrow).

13 properties sold (closed escrow) in June, ranging from $235,000 for 2 bedrooms, 2 bathrooms, 1114 square feet to $830,000 for 4 bedrooms, 5 bathrooms, 5475 square feet. The average time on the market was 64 days.

Is This The Bottom of The Real Estate Market?

The biggest question I am getting from both home buyers and sellers right now is this:  "Is this the bottom of the real estate market dip?"  Buyers are asking because they do not want to buy a house only to have it depreciate in the short term.  Sellers are asking because if this is the "bottom" and house prices are going to go up tomorrow, they want to wait to sell.  What both buyers and sellers need to understand is that there are many factors that they should be considering and that the "bottom" is not an event, but rather a process.  The timeline of this process will vary from state to state, city to city, and neighborhood to neighborhood.  Both buyers and sellers need to consider all of the factors and their personal circumstances to make the decisions that are right for them.

The real estate market recovery is tied to many complex economical factors.  It comes down to consumer confidence.  If people are confident that the economy is turning around, it spurs the recovery.  We all know that the unemployment rate is tied to the real estate market.  If people are fearful that they are going to lose their job or have already lost their job they are not going to be thinking about buying a home.  However as the unemployment rate drops more buyers will qualify to purchase a home and have the confidence to do so.

Along this same line is that when people start to feel confident in the economy they start to see real estate as a good investment.  Buyers tend to look at the short term, rather than the long term.  Most buyers do not want to buy a house only to have its value drop in the short term.  But they need to look at the long term;  what the house will be worth when they are ready to sell.  As they gain confidence in the economy they start to see even the short term benefits of buying a home.

So sellers should wait to sell?  No, not necessarily it will depend on why you are considering selling.  If you are buying another home, why wait for prices and interest rates to go up?  The longer you stay in the current house, the more you are investing by paying on the current mortgage, put that money toward the new mortgage and property.  Why wait for everyone else to figure out that now is a good time to sell?  You might have more competition if you wait.

The recovery is a process not an event.  We are not going to wake up one day and have everyone feel confident in the economy.  It is a process.  We are seeing the unemployment rates drop.  Interest rates are unbelievably low.  The shadow inventory that had us worried about a double dip recession is shrinking.  Builders have started building.  We are getting multiple offers on listed properties.  These are all sign that the process has begun.  More and more people are realizing that the doom and gloom we have been living under for the past few years is lifting.  Yes we are in the process of recovering and yes the worst is over.

Where Are All the For Sale Houses?

The real estate recovery has been in the news a lot lately.  Many of you may be aware that the San Diego real estate market is drastically different than it was just a year ago.  Previously the issue was that there were so many houses on the market and the prices were still declining.  This caused many would be home buyers to sit on the fence and wait for the market to stabilize before making their purchase.  Well what a difference a year makes.

Last month there were aproximately 7700 houses and condos on the market in all of San Diego county.  Today there is just 6740.  The combination of historically low interest rates, pent up buyer demand and investors making their move have all contributed to the decline in inventory.  Right now there is actually a shortage of available properties.  At the peak of the recession there was a 13 month supply of inventory, today just over a 1 month.

So what does that mean to you?  Well, if you are buyer you need to be prepared for this and understand that you are going to need to be patient.  New listings are not flooding the market.  You are not going to have 20-30 houses to look at that meet your needs, in fact if you are in the under $250,000 range you are going to be lucky to have 5 (depending on area, size, etc).  You are going to need to act quickly and not wait for the weekend to view a property and submit an offer.  When a quality listing hits the market you need to be ready, meaning be prequalified for your loan and ready to make a decision.  You may also have to compromise on what you are looking for or raise your price point.  The days of "low balling" an offer are over.  You need to understand what homes are selling for in the area and submit a competitive, clean offer at market value.

If you are a seller you should be taking advantage of the low inventory.  If you are considering selling you need to get your home on the market.  Why wait until the banks release more REO's or the buyers purchase a different home?  You will need to be smart and understand that you still have to price the home to sell.  An overpriced home will not sell no matter what the inventory or market is like.  A home that is priced above market value is not going to sell.  It will not appraise so the buyer will not be able to get the loan and an investor will be a savvy buyer that thinks only of the bottom line.  You will also need to understand that while most areas of the county have seen a stabilization of prices, this does not mean that prices are significantly rising.  The market will bounce around down here at the bottom and slowly improve.  There is not going to be a sharp increase in prices which will bring you back up to where it was at the height within the next year.

If are considering buying or selling, give me a call.  I will assist you in understanding what the market value of a home is and help you through the entire process.

Jamul Real Estate Report - April 2012

It is May and time to take a look at the real estate statistics for the month of April.  Here are the market conditions for Jamul..  I have included the numbers for active listings, pending sales and closed (sold) homes in Jamul.  These numbers are for single family detached homes only.

There are currently only 27 active real estate listings in Jamul.  Ranging from $184,900 for 1 bedroom, 1 bathroom, 640 square feet to $1,299,000 for 6 bedrooms, 5 bathrooms, 5712 square feet.

15 properties are pending, currently in escrow.

9 properties sold (closed escrow) in April.  Ranging from $195,500 for 2 bedrooms, 2 bathrooms, 792 square feet to $520,000 for 4 bedrooms, 4 bathrooms, 3806 square feet.  The average time on the market was 74 days.

What is a Statement of Information and Why Is It Needed?

According to the California Residential Purchase Agreement released on April 28, 2010, all sellers of a Residential Property shall provide the escrow holder completed Statements of Information within seven days after acceptance of contract.

So what is a Statement of Information and why is it important?  Well, the Statement of Information (SI) is a form that you fill out.  It will ask you questions regarding other names you have used, where you have lived, the names and ages of your children and jobs you have had.  This information is provided to the title company so they can distinguish the buyers and sellers involved in this transaction from other people with similar names.  Once Title identifies the true buyers and sellers they can disregard judgments and liens on the public records that are linked to other people who may have similar names.

Whenever Title is insuring a property they search the recorded documents looking for anything that affects the property such as liens, court orders, and bankruptcies.  These things affect the title to the property and will be listed as an exception from coverage on the title policy.  The completed Statement of Information allows the title company to differentiate between recorded documents for the people involved in this particular transaction from parties with similar names.  This protects all parties involved and allows the title company to completely carry out their duties.

California Foreclosure Rates by County

Rental Scam

There are tons of scams on the web and one in particular that I want you to be aware of.  I have a listing for a home that is for sale.  This listing has shown up on Craigslist as being for rent.  The scammers have poached the listing pictures and written up an ad on Craigslist.  When you email them for more information you recieve the following response...

"Thanks for your interest and inquiries about my house. Yes the house is still available for rent and we are looking for a responsible person/family to occupy and maintain the house now that we are not around. Myself and husband just traveled to West Africa on an evangelical mission involving in several projects like TEACHING AND  EDUCATING CHILDREN ABOUT CHRIST, ORPHANAGE HOMES and so on..,Here is the site (http://www.missionfinder.org/educators.html) for more details, the program is taking place in three major countries in Europe, Africa, UK . We will be away for 2 to 3 years or more that is why we have made up my mind to put up my house for rent to whom ever that will take good care of it.  However, our initial plan was to sell the house  but it was not successful because the Realtor raised the price which made it difficult for me to sell before leaving the States so never mind if you see the for sale sign in front of the house, It has already been taken off the market as for sale so there is no need to contact any Realtor. The house is available for both long term and short term so long as you are ready to maintain the house...  How soon do you intend to move in?

Note: I would like you to drive-by the house to view the  exterior and neighborhood  of the house . Get back to me asap so i can forward you the rent questionnaire i will want you to fill

Regards."

The email is then signed with the property owners name so if you checked the tax records it would appear you are dealing with the real owner.  Unfortunately you are not.  They have even tried to explain away why there is a for sale sign in the front yard!  If you fill out the rental questionaire, you have just given away your identity!  If you send them money, it is gone.  I have recieved at least 6 calls from interested renters who drove by and were suspicious enough to call the number on my sign and get more information.  Lucky for them they did, they avoided falling prey to a scam.  I have no way of knowing who else may seen the ad and sent their information and/or money.  Please be careful out there and do your research before sending anyone money or your personal information.  It is sad that we all have to be on our guard but unfortunately we do.

Jamul Real Estate Market Report - February 2012

Even though Febrary was 1 day longer than it usually is, it sure did go quickly! It is time once again to look at what happened in the Jamul Real Estate Market. I have included information about the homes currently on the market, the pending listings and the homes that sold. These numbers are for single family detached homes.

There are currently only 31 Active listings in Jamul. They range from $199,000 for 1 bedroom, 1 bathroom, 640 square feet to $1,250,000 for a 2 bedroom, 3 bathroom, 4360 square feet, (yes the number of bedrooms is correct with 2).

14 properties are pending, (currently in escrow).

9 properties sold (closed escrow) in February. They ranged from $165,000 for a 2 bedroom, 2 bathroom, 1440 square feet to $800,000 for 4 bedrooms, 5 bathrooms, 5256 square feet. The average time on the market was 92 days.