Fidelity National Title Real Estate Market Report

Solana Beach, CA

Single-Family Homes

619-725-2100 | 7565 Mission Valley Rd, Ste 100, San Diego, CA 92108


Solana Beach, CA

Sat Jul 27 2024
This week the median list price for Solana Beach, CA is $3,195,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 21. Click here to stay informed with the Solana Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Solana Beach, CA

Sat Jul 27 2024
This week the median list price for Solana Beach, CA is $3,195,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 21. Click here to stay informed with the Solana Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Solana Beach market.
Median List Price $3,195,000
Median Price of New Listings $7,450,000
Per Square Foot $1,538
Average Days on Market 93
Median Days on Market 77
Price Decreased 48%
Price Increased 5%
Relisted 29%
Inventory 21
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$6,895,000 3,400 0.25 - 0.5 acre 4 4 21 1 0 7
$3,795,000 2,155 0.25 - 0.5 acre 4 2 67 0 2 161
$2,900,000 2,267 0.25 - 0.5 acre 3 2.5 50 0 0 77
$2,097,505 1,749 6,500 - 8,000 sqft 3 2 55 0 1 56