$7,588 Closing Credit*
$639,000
2,348 SqFt
4 Beds
•2 Full Baths
Elaine Lanterman, Listing Office: Lanterman Realty
Is Solera / Oak Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Solera / Oak Valley has remained a Seller's Market.
Key Takeaway
Solera / Oak Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Solera / Oak Valley, CA
How much do homes in Solera / Oak Valley, CA cost?
Median Sold Price
$512,500
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,500(+8.4%)
Key Takeaway
Homes in Solera / Oak Valley have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Solera / Oak Valley was $512,500 in October 2024, up 8.4% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | $430K | +2.4% |
| 3 Bedrooms | $455K | $475K | +4.4% |
| 4 Bedrooms | $525K | $574K | +9.3% |
| 5+ Bedrooms | $575K | $605K | +5.2% |
Summary: Solera / Oak Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Solera / Oak Valley | $473K | $512.5K | +8.4% |
| Cherry Valley | $469K | $443.5K | -5.5% |
Housing Supply in Solera / Oak Valley, CA
How many homes are available in Solera / Oak Valley, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Solera / Oak Valley real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Solera / Oak Valley 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Solera / Oak Valley, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Solera / Oak Valley in October 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Solera / Oak Valley, CA
How long does it take to sell a home in Solera / Oak Valley, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 22 Days | -23.0% |
Summary: Homes in Solera / Oak Valley had an average of 22 days on market in Oct 2024, down by 23% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Solera / Oak Valley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Solera / Oak Valley; 60% of homes were sold within 30 days, 40% 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.