$6,055 Closing Credit*
$509,900
2,127 SqFt
2 Beds
•2 Full Baths, 1 Partial
Glenn Bradd, Listing Office: SOLERA REALTY TEAM
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 September 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
$505,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,000(+6.3%)
Key Takeaway
Homes in Solera / Oak Valley have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Solera / Oak Valley was $505,000 in September 2024, up 6.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $425.5K | $423.5K | -0.5% |
| 3 Bedrooms | $455K | $475K | +4.4% |
| 4 Bedrooms | $519K | $568K | +9.4% |
| 5+ Bedrooms | $575K | $605K | +5.2% |
Summary: Solera / Oak Valley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Solera / Oak Valley | $475K | $505K | +6.3% |
| Cherry Valley | $476.5K | $443.5K | -6.9% |
Housing Supply in Solera / Oak Valley, CA
How many homes are available in Solera / Oak Valley, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Solera / Oak Valley real estate market had 24 homes for sale in September 2024, a 11.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Solera / Oak Valley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Solera / Oak Valley, expect to pay close to the asking price. 60% 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 September 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +46.3% |
Summary: Homes in Solera / Oak Valley had an average of 29 days on market in Sep 2024, up by 46.3% 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 September 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.