Single-Family Homes
Thu Feb 13 2025
This week the median list price for Solana Beach, CA is $3,225,000 with the market action index hovering around 27. This is less than last month's market action index of 32. Inventory has increased to 16.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Median List Price | $3,225,000 | |
Median Price of New Listings | $2,725,000 | |
Per Square Foot | $1,272 | |
Average Days on Market | 97 | |
Median Days on Market | 84 | |
Price Decreased | 25% | |
Price Increased | 0% | |
Relisted | 13% | |
Inventory | 16 | |
Median Rent | ||
Market Action | 27 | |
Slight Buyer's Advantage |
Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$9,197,500 | 3,985 | 0.25 - 0.5 acre | 3 | 4.5 | 12 | 0 | 1 | 143 |
$3,872,500 | 2,990 | 0.25 - 0.5 acre | 4 | 3.3 | 22 | 1 | 0 | 80 |
$3,094,500 | 2,480 | 4,500 - 6,500 sqft | 4 | 3 | 35 | 1 | 0 | 77 |
$2,275,000 | 1,946 | 0.25 - 0.5 acre | 4 | 2 | 48 | 2 | 0 | 10 |