Is Suisun City, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Suisun City is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Suisun City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Suisun City, CA

How much do homes in Suisun City, CA cost?

Median Sold Price

$550,000

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+1.9%)

Key Takeaway

Homes in Suisun City have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Suisun City was $550,000 in October 2024, up 1.9% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$355K
N/A
2 $450K$514.8K
+14.4%
3 $525K$530K
+1.0%
4 $550K$576.5K
+4.8%
5+ $622.5K$830K
+33.3%

Summary: Suisun City 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 14.4%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

Fairfield-Suisun City
+4.2%
Fairfield
+2.8%
Suisun City
+1.9%

Housing Supply in Suisun City, CA

How many homes are available in Suisun City, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3136+16.1%

Summary: The Suisun City real estate market had 36 homes for sale in October 2024, a 16.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1413
-7.1%
4 1621
+31.3%
5+ 11
0.0%

Summary: The Suisun City 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 7.1%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Suisun City, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Suisun City in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for Suisun City, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days18 Days-37.8%

Summary: Homes in Suisun City had an average of 18 days on market in Oct 2024, down by 37.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Suisun City; 13% of homes were sold within 30 days, 13% 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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