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Weekly Solano Real Estate Report For Nov. 23: Inventory Spikes In Vallejo & Suisun
November 25th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo
Here’s this week’s Solano County Real Estate Report — with details on the number of pending and closed sales for last week, plus the current inventory totals for each city in our Solano County market area.
The biggest news this week was an unexpected surge in listing inventory for Vallejo, where the supply increased by 20 homes from the week before.
That’s only the second time this year (and the first since Jan. 12) that Vallejo’s supply has climbed by at least 20 homes in one week.
Suisun City also saw its inventory rise by double-digits. With a +10 in its active listings total since last week, that works out to a 20% increase.
However, the inventory in Suisun had dropped by 9 listings over the previous two weeks, so last week’s increase really only puts the housing supply in Suisun about back to where it was three weeks ago.
Despite the increases in inventory in those two cities, demand remains very high, with multiple offers still the order of the day for most everything priced below $300,000.
The pending & closed sales totals for last week:
- Benicia 5 / 9
- Vallejo 34 / 34
- Fairfield 30 / 23
- Susiun 12 / 8
- Vacaville 19 / 26
Our Solano County Real Estate Sales Report appears at HomeSection.com weekly — it’s usually posted on Monday or Tuesday. To see the full report, with week-by-week details for every city in our Solano County market area, click here.
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MARKET UPDATES
- Monthly Solano Real Estate Report — Oct. ‘09
- 3rd Qtr Solano County Home Sale Statistics
- 2nd Qtr Solano County Home Sale Statistics
- Monthly Solano Real Estate Report – Sept. ‘09
- Monthly Solano Real Estate Report – Aug ‘09
- Benicia & Vallejo Home Sales Report — Sept. ‘09
- Benicia & Vallejo Home Sales Report — Aug ‘09
- See All Archived Market Updates
