$6,828 Closing Credit*
$575,000
1,688 SqFt
4 Beds
•3 Full Baths
Jessica A Suarez, Listing Office: Coldwell Banker Kappel Gateway Realty
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 November 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
$603,031
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,731(+3.2%)
Key Takeaway
Homes in Fairfield-Suisun City have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Fairfield-Suisun City was $603,031 in November 2024, up 3.2% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $299.5K | +8.9% |
| 2 Bedrooms | $425K | $407.5K | -4.1% |
| 3 Bedrooms | $535.3K | $547.2K | +2.2% |
| 4 Bedrooms | $648.4K | $665K | +2.6% |
| 5+ Bedrooms | $806.3K | $800K | -0.8% |
Summary: Fairfield-Suisun City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Fairfield-Suisun City | $584.3K | $603K | +3.2% |
| Suisun City | $540K | $550K | +1.9% |
| Fairfield | $614.6K | $625.3K | +1.7% |
| Vallejo | $533K | $525.3K | -1.4% |
Housing Supply in Fairfield-Suisun City, CA
How many homes are available in Fairfield-Suisun City, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 316 | 282 | -10.8% |
Summary: The Fairfield-Suisun City real estate market had 282 homes for sale in November 2024, a 10.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 136 | 123 | -9.6% |
| 4 Bedrooms | 133 | 116 | -12.8% |
| 5+ Bedrooms | 29 | 25 | -13.8% |
Summary: The Fairfield-Suisun City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 13.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 61 | -34.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
28 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. 47.5% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in Fairfield-Suisun City in November 2024, down by 34.4% month-over-month. Of the 59 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 47 Days | +2.9% |
Summary: Homes in Fairfield-Suisun City had an average of 47 days on market in Nov 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fairfield-Suisun City has remained consistent over time.
Summary: During November 2024, 61 homes were sold in Fairfield-Suisun City; 13% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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