Is Soledad, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Soledad is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Soledad has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Soledad, CA

How much do homes in Soledad, CA cost?

Median Sold Price

$769,000

$486/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$124,000(+19.2%)

Key Takeaway

Homes in Soledad have sold for 19.2% more than they did a month ago.

Summary: The median home sold price in Soledad was $769,000 in October 2024, up 19.2% from last month, and the median price per square foot was $486.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $617.5K$719.5K
+16.5%
4 -$628K
N/A
5+ $699K$799.5K
+14.4%

Summary: Soledad housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 14.4%.

Housing Supply in Soledad, CA

How many homes are available in Soledad, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The Soledad real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 76
-14.3%
4 46
+50.0%
5+ 54
-20.0%

Summary: The Soledad 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 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Soledad, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Soledad in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Soledad, CA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days48 Days+161.4%

Summary: Homes in Soledad had an average of 48 days on market in Oct 2024, up by 161.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Soledad has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Soledad; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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