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John Souerbry's Blog

By John Souerbry | Broker in Palo Alto, CA

Solano County Luxury Home Sales Report: April 2013

The Solano County luxury home sales report for April 2013 reflects weak sales data for homes listed or sold above $750,000.  Homes priced at $750,000 – located mostly in Green Valley – make up about 4% of all homes now for sale in Solano County.

Today, 40% of Solano County luxury homes on the market have been listed for less than 60 days – therefore 60% have been on the market 61 days or longer.  About 50% have been on the market over 90 days (the longest over two years).

Demand may continue weak for Solano County luxury homes going into summer, though exceptional properties may enjoy quick sales as the general Bay Area economy maintains positive momentum.  Homes in great locations with attractive features and in good condition may find ready luxury home buyers in the spring and summer.

May 1st Luxury Market Snapshot:

·         Homes active on the market: 20 (including 1 foreclosed home)

·         Price range of active listings: $750,000 - $18,000,000

·         Homes now in escrow: 8

 
Solano County Luxury Home Sales Report: April 2013


To receive a no-cost valuation of your home in today’s market, click HERE.

To search for property listings of all types in the Solano County, including homes, land, income property and more - click HERE.

Contact Us for more information regarding the Solano County luxury home sales report or for assistance with buying and selling East Bay real estate.

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John A. Souerbry & Associates      Call (707) 317-0280      (DRE 01370983)    

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