$10,000 Closing Credit*
$1,599,000
1,008 SqFt
2 Beds
•1 Full Bath, 1 Partial
Paris Mohager, Listing Office: TXR Homes
Is Solana Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$1,875,000
$1,058/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Solana Beach has remained the same since last year.
Summary: The median home sold price in Solana Beach was $1,875,000 in November 2024, the same as last year, and the median price per square foot was $1,058.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $999.9K | $907.5K | -9.2% |
| 2 Bedrooms | $1.3M | $1.4M | +3.7% |
| 3 Bedrooms | $1.9M | $2.0M | +5.3% |
| 4 Bedrooms | $2.6M | $2.6M | +1.0% |
| 5+ Bedrooms | $3.4M | $3.8M | +10.6% |
Summary: Solana Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 53 | +6.0% |
Summary: The Solana Beach real estate market had 53 homes for sale in November 2024, a 6.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Solana Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were 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. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Solana Beach in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 43 Days | +15.8% |
Summary: Homes in Solana Beach had an average of 43 days on market in Nov 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Solana Beach has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Solana Beach; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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.