Is Solano County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Solano County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Solano County has remained a Seller's Market.

Key Takeaway

Solano County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Solano County, CA

How much do homes in Solano County, CA cost?

Median Sold Price

$579,272

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,689(+1.7%)

Key Takeaway

Homes in Solano County have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Solano County was $579,272 in November 2024, up 1.7% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $275K$289K
+5.1%
2 $435K$440K
+1.1%
3 $545.7K$550K
+0.8%
4 $660.4K$675K
+2.2%
5+ $780K$800K
+2.6%

Summary: Solano County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Counties

Napa County
+6.5%
Contra Costa County
+3.1%
Solano County
+1.7%

Housing Supply in Solano County, CA

How many homes are available in Solano County, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,1441,041-9.0%

Summary: The Solano County real estate market had 1,041 homes for sale in November 2024, a 9.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1712
-29.4%
2 218221
+1.4%
3 457413
-9.6%
4 362317
-12.4%
5+ 9078
-13.3%

Summary: The Solano County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 29.4%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
299233-22.1%

Asking Price vs. Sold Price

76 Homes Were Sold
Under Asking

61 Homes Were Sold
At Asking

87 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Solano County, you could pay more than the asking price. 38.8% of homes here sold above asking price last month.

Summary: A total of 233 homes were sold or pending in Solano County in November 2024, down by 22.1% month-over-month. Of the 224 sold homes, 34% were sold under asking, 27% were sold at asking, and 39% were sold over asking.

Days on Market for Solano County, CA

How long does it take to sell a home in Solano County, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days39 Days+17.1%

Summary: Homes in Solano County had an average of 39 days on market in Nov 2024, up by 17.1% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Solano County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 233 homes were sold in Solano County; 18% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Solano County, CA

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