$2,795,000
3,998 SqFt
4 Beds
•2 Full Baths, 1 Partial
Lisa Bohlken, Listing Office: Keller Williams San Diego Metro
Is Solana Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Solana Beach was a Seller's Market.
Key Takeaway
Solana Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Solana Beach, CA
How much do homes in Solana Beach, CA cost?
Median Sold Price
$1,900,000
$1,051/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$187,000(+10.9%)
Key Takeaway
Homes in Solana Beach have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Solana Beach was $1,900,000 in October 2024, up 10.9% from last year, and the median price per square foot was $1,051.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $999.9K | $900K | -10.0% |
| 2 Bedrooms | $1.3M | $1.4M | +6.7% |
| 3 Bedrooms | $1.8M | $2.0M | +14.6% |
| 4 Bedrooms | $2.6M | $2.6M | +2.7% |
| 5+ Bedrooms | $3.4M | $3.8M | +10.6% |
Summary: Solana Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in Solana Beach, CA
How many homes are available in Solana Beach, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 48 | +4.3% |
Summary: The Solana Beach real estate market had 48 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Solana Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Solana Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Solana Beach in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Solana Beach, CA
How long does it take to sell a home in Solana Beach, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 31 Days | -39.0% |
Summary: Homes in Solana Beach had an average of 31 days on market in Oct 2024, down by 39% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Solana Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Solana Beach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.