HomeSection.comHomes By Herman

Inventory Of Available Homes Still Way Up For The Year Throughout Solano County

April 19th, 2010 categories: Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo

weekly-solano-home-reportYou’d never believe it if you talked to most buyers, but the inventory of homes for sale throughout Solano County is still up dramatically for the year.

Every city in our Solano market area has at least 20% more homes on the market today than it did at the beginning of January.

The leader is Vallejo, with a whopping 55% increase in 3-1/2 months. There are 374 homes on the market there right now, compared to 242 on Jan. 4.

The other four cities’ year-to-date increases, in descending order: Vacaville +37%, Fairfield +26%, Suisun + 24%, Benicia +20%.

Now, if you’re a buyer who’s been involved in countless multiple-offer negotiations, you’re bound to have a hard time believing that the inventory is any higher today than it was three or four months ago.

And, while the local housing supply is indeed up by a very large percentage, in Vallejo, Benicia and Fairfield, today’s numbers still pale in comparison to where we were last year at this time. Fairfield’s inventory today is 31% lower than a year ago, Vallejo is off 28% and Benicia is down 13%.

However, the opposite is true in Vacaville and Suisun, where the inventory of homes is 28% and 20% higher, respectively, than last year April.

I track the inventory of homes for sale in all five cities in our Solano market area on a weekly basis. I also keep track of the number of pending and closed sales in Benicia, Vallejo, Fairfield, Suisun and Vacaville, too. Our Solano County Real Estate Report has cumulative week-by-week statistics for all five cities.

We publish this weekly report on HomeSection.com on a periodic basis. So be sure to check back regularly to see all the latest housing trends and statistics for Benicia, Vallejo the rest of our Solano County market area.

And, if you’re planning to buy or sell, we’d love to assist you and put our market expertise to work for you. To see the current housing supply for any city in Solano County, be sure to visit our Home Search page. For more information on any of those properties or to discuss selling your home, please contact us.

RECENT  COMMUNITY POSTS

RECENT  REAL ESTATE POSTS

MARKET UPDATES

listings-by-mls-button news-by-email-button search-the-mls-button

This entry was posted on Monday, April 19th, 2010 at 9:15 pm and is filed under Benicia, Buying, Fairfield-Gr Valley, Market Update, Selling, Solano, Suisun City, Vacaville, Vallejo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply