$264K  
Soledad is a larger than average city in California with a population of 25,738 residents, and it has a much higher than average density compared to the rest of the state, with 5,831.1 people per square mile. Keep in mind, most people in Soledad own their homes, with a 54.0% ownership ratio. The best school in the city is Mission Elementary School.
Comments:

$419K  
While home sales in the Soledad market have been above average, in this week's report they plummeted 33.3% to six homes sold over the last 30 days. Meanwhile, close-by Salinas reported 51 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $326,960 over the latest reporting period for Soledad, up from $315,000. In spite of the decrease in sales, a low two months of inventory signals that Soledad is a strong seller's market.
Comments:

$419K  
Over the last 30 days, the sale of nine homes took place in the Soledad market. This shows a 12.5% rise from the prior period and the continuation of a recent upward trend. While sales were solid, months of inventory were further reduced to one, extending a downward trend to four weeks. The rising sales and the low inventory point to Soledad being a definite seller's market.
Comments:

$379K  
Over the last 30 days, sales in the Soledad market fell to eight. However, the number of pending transactions continued to improve, reaching a total of 14 during the same period. The median sales price dropped to $315,500, down from last week's $321,000. Despite the slip in sales, a relatively low two months of inventory indicates that Soledad is a solid seller's market.
Comments:

$209K  
While home sales in the Soledad market have been above average, in this week's report they fell 11.1% to eight homes sold over the last 30 days. Within the same time frame, Salinas had 61 sales, the most of all cities in the area. Prices fell lower as this week's reported median sales price of $329,000 continued a four-week downward trend. In spite of the falling prices, a low two months of inventory signals that Soledad is still a solid seller's market.
Comments:

$309K  
Sales in the Soledad market jumped to eight homes sold over the last 30 days, while the number of sellers reducing their list prices reached eight, which continues a recent upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are falling in Soledad, and this period the median price of all sales fell from $346,000 to $343,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Soledad is a strong seller's market.
Comments:

$264K  
Soledad is a city in California. It's somewhat affluent and the cost of living is less expensive compared to the rest of the state, with a median income of $50,497 per household and cost of living adjustment score of 107.2. With a median age of 16 years, homes in Soledad tend to be of moderate age. The top school in the city is Mission Elementary School.
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$349K  
The Soledad market showed healthy signs in this week's report, as the number of home sales spiked 50.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, Salinas had 68 sales, the most of all cities in the area. The median sales price of all transactions in Soledad did not budge this week, remaining at $346,000. With just three months of inventory available and sales going up, Soledad is a seller's market.
Comments:

$164K  
The Soledad market may be experiencing a determined pullback but sales stood their ground this week at two homes sold over the last 30 days. Potential buyers should note that prices are coming down in Soledad, and for this period the median sales price slid from $342,500 to $321,500. A downturn in sales, coupled with the availability of eight months of inventory, prove that Soledad is a solid buyer's market.
Comments:

$370K  
The Soledad market picked up this week with two homes sold over the last 30 days. In comparison, nearby Salinas had 67 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $342,500, up from last week's $310,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Soledad is still a strong buyer's market.
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Coldwell Banker-Ledesma & Associates Real Estate
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