Categories
- Buying
- Benicia
- Investors
- Vallejo
- Solano
- Contra Costa
- Selling
- Market Update
- Loans / Financing
- Foreclosures / Short Sales
- Local Stuff
- Fun Stuff
- Vacaville
- Fairfield-Gr Valley
- Suisun City
- The Economy
- Viewpoint
- New Listings
- Resources
Archive
- July 2011 (1)
- June 2011 (2)
- May 2011 (2)
- April 2011 (3)
- March 2011 (6)
- February 2011 (4)
- May 2010 (5)
- April 2010 (30)
- March 2010 (7)
- February 2010 (6)
- January 2010 (11)
- December 2009 (15)
- November 2009 (10)
- October 2009 (20)
- September 2009 (13)
- August 2009 (15)
- July 2009 (10)
- June 2009 (9)
- May 2009 (18)
- April 2009 (14)
- March 2009 (14)
- February 2009 (22)
- January 2009 (21)
- December 2008 (7)
- November 2008 (1)
- October 2008 (2)
- September 2008 (8)
Weekly Home Sales & Listings Report For Solano County As Of May 25, 2009
May 25th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
If you’ve been following this blog and watching Solano County’s housing inventory and sales numbers on a weekly basis, you know that since early January, almost every city in the county has seen its sales grow and its supply decline.
And this week is no exception, as every city in our Solano market area saw another drop in its supply, with multiple- and over-asking price offers becoming a more and more common occurrence, thanks to the laws of supply and demand.
This week’s report has active listings data and pending/sales details for all five cities: Benicia, Vallejo, Fairfield, Suisun and Vacaville.
Some highlights from the current report:
- Suisun City had the highest inventory decline in terms of percentage over the past week, with an almost 18% drop in its supply. Benicia and Fairfield/Green Valley were next, both with a loss of almost 9% over the past seven days.
- Though it may seem impossible to believe, for the year, Suisun City has already lost almost 75% of its inventory. In early January, there were 232 homes on the market; today there are 64.
- Vallejo has dropped from 899 active listings on Jan.12 to 372 today — a 58% decline.
- Vallejo has been averaging 61 pending sales and 40 closed sales a week since the beginning of the year, followed by Fairfield (42/26) and Vacaville (25/18).
- Fairfield had the largest drop in its inventory in terms of sheer numbers last week, with a net loss of 27 homes from its supply. For the year, its inventory of active listings has gone from 699 to 284 — a drop of almost 60%.
To see this week’s full report, Click Here or on the graphic above.
Related Reading
