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 October 2021

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.

How much do homes in Solano County, CA cost?

Median Sold Price

$585,041

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$40,223(+7.4%)

Key Takeaway

Homes in Solano County have sold for 7.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $289K$304.5K
+5.4%
2 $424.9K$456.4K
+7.4%
3 $522.7K$560.7K
+7.3%
4 $624.4K$665K
+6.5%
5+ $755K$782.3K
+3.6%

Median Sold Price Compared To Nearby Counties

Napa County
+10.7%
Solano County
+7.4%
Contra Costa County
+6.2%

How many homes are available in Solano County, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
1,029992-3.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 1312
-7.7%
2 160160
0.0%
3 470439
-6.6%
4 305301
-1.3%
5+ 8180
-1.2%

Number of Homes Sold

Sep 2022Oct 2022%
302228-24.5%

Asking Price vs. Sold Price

108 Homes Were Sold
Under Asking

64 Homes Were Sold
At Asking

54 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Solano County, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days31 Days+100.5%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 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.

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

About Solano County, CA

Number of homes for sale in Solano County, CA real estate market have reached 992. The number of homes for sale in Solano County, CA decreased by 3.6% between September 2022 and October 2022. In October 2022, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $585,041. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 5.4%, 2 bedrooms properties prices increased by 7.4%, 3 bedrooms properties prices increased by 7.3%, the cost of 4 bedrooms properties went up by 6.5%, 5 bedrooms properties prices increased by 3.6%. This housing market inventory have changed: 1 bedroom homes inventory decreased by 7.7%, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 6.6%, 4 bedrooms homes inventory decreased by 1.3%, 5 bedrooms homes inventory decreased by 1.2%. Over 54 listings were sold over their listed price in October 2022 in Solano County, CA. In the same period over 108 listings were sold below the listed price and 64 listings were sold for the listed price.

Related Housing Market Reports