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CA DRE# 01173459 / 01264737
Weekly Solano Real Estate Report For Aug. 31: Inventory Up In FF & Vaca, Down In Vjo, Suisun
August 31st, 2009 categories: Benicia, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
Although most well-priced homes continue to get multiple offers, the free-fall decline in the county’s home inventory has been moderating a bit in recent weeks.
Of particular note in this week’s Solano County Real Estate Report:
- Fairfield saw its inventory increase for the third time in the past four weeks. There are 20 more homes on the market today than there were four weeks ago.
- Vacaville’s inventory saw double-digit gains for the second time in three weeks.
- Vallejo, which seems to have been just about the hottest place on the planet for real estate buyers in recent months, saw a modest decline (-2) in its supply last week.
- Vallejo, which earlier this year had 474 more active listings than Vacaville and 180 more than Fairfield, now has fewer listings (216) than both of those two cities (Vaca – 226, FF – 231).
- Benicia’s housing supply has remained constant for the past month with exactly 88 active listings in three of the past five weeks.
- The Pending Sales numbers for the past week were all very close to the year-to-date averages for the five cities in our Solano market area.
- The same was largely true in terms of Closed Sales, with everyone except Benicia reporting closings similar to their weekly averages.
Read this week’s Solano Real Estate Report and see how much the inventory has dropped on a weekly basis as well as the number of weekly closed and pending sales.
Our Solano County Real Estate Sales Report appears on HomeSection.com weekly — it’s usually posted on Monday or Tuesday.
FURTHER READING
- Are Short Sales Really Selling In Solano County?
- First-Time Home Buyer Tax Credit Almost Gone?
- Are We In An Artificial Boom Market?
- Benicia Home Sales — July ‘09
- Vallejo Home Sales — July ‘09
- Monthly Solano Real Estate Report – July ‘09
- 2nd Qtr Solano County Home Sale Statistics
- See The Latest Market Update
