$8,016 Closing Credit*
$675,000
1,647 SqFt
4 Beds
•2 Full Baths, 1 Partial
Antonio Orozco, Listing Office: RE/MAX Gold of Fairfield
Is Fairfield-Suisun City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fairfield-Suisun City has remained a Seller's Market.
Key Takeaway
Fairfield-Suisun City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairfield-Suisun City, CA
How much do homes in Fairfield-Suisun City, CA cost?
Median Sold Price
$604,666
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,451(+4.2%)
Key Takeaway
Homes in Fairfield-Suisun City have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Fairfield-Suisun City was $604,666 in October 2024, up 4.2% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $299.5K | +8.9% |
| 2 Bedrooms | $429K | $405K | -5.6% |
| 3 Bedrooms | $536.6K | $540K | +0.6% |
| 4 Bedrooms | $639.7K | $666K | +4.1% |
| 5+ Bedrooms | $805K | $799.8K | -0.6% |
Summary: Fairfield-Suisun City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Fairfield-Suisun City | $580.2K | $604.6K | +4.2% |
| Fairfield | $610K | $627.1K | +2.8% |
| Suisun City | $540K | $550K | +1.9% |
| Vallejo | $528.5K | $525K | -0.7% |
Housing Supply in Fairfield-Suisun City, CA
How many homes are available in Fairfield-Suisun City, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 312 | 320 | +2.6% |
Summary: The Fairfield-Suisun City real estate market had 320 homes for sale in October 2024, a 2.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 19 | +72.7% |
| 3 Bedrooms | 141 | 135 | -4.3% |
| 4 Bedrooms | 129 | 135 | +4.7% |
| 5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Fairfield-Suisun City 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 72.7%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 86 | +10.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield-Suisun City, you could pay more than the asking price. 43% of homes here sold above asking price last month.
Summary: A total of 86 homes were sold or pending in Fairfield-Suisun City in October 2024, up by 10.3% month-over-month. Of the 86 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for Fairfield-Suisun City, CA
How long does it take to sell a home in Fairfield-Suisun City, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 46 Days | +22.0% |
Summary: Homes in Fairfield-Suisun City had an average of 46 days on market in Oct 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairfield-Suisun City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 86 homes were sold in Fairfield-Suisun City; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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