Market Report
Solana Beach, CA
Single-Family Homes
Chartwell Escrow
Solana Beach, CA
Thu Apr 25 2024
This week the median list price for Solana Beach, CA is $3,899,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 13.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Real-Time Market Profile
| Median List Price | $3,899,000 | |
| Median Price of New Listings | $3,899,000 | |
| Per Square Foot | $1,435 | |
| Average Days on Market | 92 | |
| Median Days on Market | 70 | |
| Price Decreased | 54% | |
| Price Increased | 8% | |
| Relisted | 38% | |
| Inventory | 13 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $5,500,000 | 3,400 | 0.25 - 0.5 acre | 4 | 3.5 | 26 | 0 | 0 | 98 |
| $4,495,000 | 3,563 | 0.25 - 0.5 acre | 5 | 4 | 41 | 0 | 0 | 154 |
| $3,395,000 | 1,800 | 6,500 - 8,000 sqft | 3 | 2 | 73 | 1 | 0 | 56 |
| $2,797,000 | 2,368 | 6,500 - 8,000 sqft | 4 | 3.3 | 59 | 0 | 0 | 56 |