No deals were completed in the Solvang market over the last 30 days. Solvang usually averages 0.4 sales per month.
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Sellers in Solvang weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Solvang usually averages 0.5 sales per month.
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Sellers in Solvang weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Solvang usually averages 0.5 sales per month.
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Solvang is an average-sized city in California with a population of 5,245 residents, and it has a higher than average density compared to the rest of the state, with 2,162.7 people per square mile. Solvang has an home ownership ratio of 50.6% and a renting ratio of 36.9%. The top school in the city is Ballard Elementary School.
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No deals were completed in the Solvang market over the last 30 days. Solvang usually averages 0.6 sales per month.
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No deals were completed in the Solvang market over the last 30 days. Solvang usually averages 0.6 sales per month.
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Sales stayed firm at one home sold over the last 30 days in the Solvang market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to zero for the same period. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $671,475 continued a four-week upswing. In spite of the decrease in sales, the lack of inventory signals that Solvang is still a definite seller's market.
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The number of homes coming into the Solvang market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in Solvang did not budge this week, remaining at $671,475. Despite the flat sales, a relatively low one month of inventory remaining indicates that Solvang is a definite seller's market.
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The number of sellers who put their homes up for sale in the Solvang market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in Solvang remains consistent from last week to this week, with the median sales price at $671,475 again. Despite the flat sales, a relatively low one month of inventory remaining indicates that Solvang is a definite seller's market.
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Solvang has a younger population than other areas in California with a median age of 45 years. It is also somewhat affluent with a median income of $53,357 per household. The Solvang market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best school in the city is Ballard Elementary School.
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