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Archive for July, 2009
Weekly Real Estate Report For July 27: Is The Inventory Up Or Down Where You Live?
July 30th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
I’m back in the office after a week of recharging the battery in Arnold, CA. Up in the forested area where we stayed, we were completely “off-line”…no cell coverage and no internet access. Talk about roughing it!
It really felt as if I’d turned back the clock about 15 years. But being out of touch for a week sure forced me to relax, which wasn’t a bad thing!
Okay, enough about “my summer vacation”…
While I was away, the inventory throughout Solano County moderated throughout most of the county. Fairfield was the only exception: its supply of homes dropped a stunning 13% over the past two weeks. Read the rest of this entry »
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Gone Fishin’ This Week…
July 19th, 2009 categories: Buying
It’s vacation week for HomeSection.com. So no posts this week.
We’ll be back next week, with our Weekly Solano Home Sales Report and all the latest local real estate and community news and information.
And…just in case you believed the graphic, I’m not really going fishing this week (I like to eat fish, but sitting on a stool and dangling a pole in the water for hours on end isn’t my idea of a good time). I’d rather be splashing around in the water or relaxing with a nice cool beverage on a beach or by the pool.
See you next week…
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Vallejo Home Sales For June ‘09: See How Much Every Home Sold For Last Month
July 16th, 2009 categories: Market Update, Vallejo
I just posted June’s home sales report for Benicia. Here’s the same info for neighboring Vallejo.
In addition to property characteristics (bedrooms, baths, square footage, etc.), our report also shows how much each home sold for, how much of a price change was necessary before it sold, how long it was on the market and whether it was a distress or fair-market sale.
Click on the chart below to see a full-size report showing details on every home that sold in Vallejo for June ‘09.
RELATED READING…
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Benicia Home Sale Statistics For June ‘09: Details On Every Home Sale
July 16th, 2009 categories: Benicia, Market Update
Wonder how much a particular home in Benicia sold for last month? Each month, I tabulate the closed sales data for Benicia and Vallejo, and publish a complete list of every home sale for the previous month.
Click on the chart below to see a full-size report showing details on every home that sold in Benicia for June ‘09.
RELATED READING…
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June ‘09 Home Sales Stats For Solano County: Prices Up In Some Cities, Down In Others
July 16th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
If you’re a number cruncher or if you live for statistics, then this is definitely your week.
Yesterday, I posted Solano County’s home sale numbers for the 2nd quarter along with my regular weekly home sales report. Today, more numbers for you to digest, as we look at the monthly totals for June.
Overall, it was another strong sales month county-wide. Though the numbers varied from city to city, compared to the previous month, there were 17% more sales in Solano County. However, the median price was down 3% from May.
The overall median price drop was largely due to Fairfield’s unexpected 25% drop in value — from $208,000 in May to a surprisingly low $155,000 in June. Read the rest of this entry »
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Weekly Real Estate Report For July 13: See How Your Community Fared Last Week
July 16th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
In Vallejo, Fairfield and Suisun City, the number of active listings keeps falling.
And if you’re a seller than can only be a good thing. For as the inventory falls, the demand usually increases, which ultimately usually signals an increase in prices.
I just posted the 2nd quarter numbers for Solano County, and as expected, prices from Q2 of ‘09 were well off the pace from the 2nd quarter of ‘08. But the number of sales were way up (175% county-wide).
And you only have to look at the weekly housing report to see why. Read the rest of this entry »
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2nd Qtr ‘09 Housing Statistics For Solano: Prices Way Down, Sales Activity Way Up
July 16th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
Half of 2009 is in the books and I just finished compiling the housing statistics for the 2nd quarter for Solano County.
As expected, if you compare the second quarter of 2009 with the same period in 2008, the number of sales is way up while the median price is way down.
If you read my weekly sales activity report on a regular basis, you know that inventory throughout the county has dropped dramatically (by as much as 65%-75% in some cities).
So the second quarter housing statistics came out pretty much as one who follows these trends would expect.
Real estate is heavily influenced by supply-and-demand principles. So when prices are down, inventory falls and sales activity increases. And that’s exactly what the second quarter statistics show. Read the rest of this entry »
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Weekly Real Estate Report For July 6: Solano Inventory Up In The North, Down In The South
July 8th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
The second half of the year is officially underway and although it’s only a few days old, a few noteworthy changes occurred in the past week.
After watching their inventories plummet for most the entire first half of the year, all three Northern Solano County cities — Vacaville, Fairfield and Suisun — saw double-digit increases in their housing supplies in the past week. Read the rest of this entry »
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A Mad-Dash Land-Rush For Benicia Real Estate Earlier Today
July 3rd, 2009 categories: Benicia, Local Stuff
Talk about land rushes. It happened earlier today, right here in little old Benicia. People were out at the crack of down trying to stake their claim on their precious piece of real estate.
Okay, maybe I’m embellishing things a little bit. You see, the land rush I’m talking about took place in anticipation of tonight’s 3rd of July Torchlight Parade.
And the real estate people were “claiming” consisted either of a piece of lawn at the City Park adjacent to the judge’s stand or a small piece of sidewalk along First Street — both prime viewing areas for the always popular parade. Read the rest of this entry »
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Why Benicians Don’t Leave Town For The 4th
July 1st, 2009 categories: Benicia, Local Stuff
When our kids were growing up, they never wanted to go away over the 4th of July. No they weren’t anti-social. And yes they liked to have fun just as much as the next kid.
No, the reason they wanted to stay home is because no one really does the 4th of July like Benicia.
It’s part Mayberry RFD, part Norman Rockwell Americana and even a little part Disneyland.
In fact, speaking of Disney, about a dozen years ago or so, the Disney Channel actually came to Benicia to film our 3rd of July Torchlight Parade for a network promo showing that Small Town America was alive and well. Read the rest of this entry »
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