What’s the Value of my Solana Beach Home?
Solana Beach Home Sales for February 2025
Solana Beach is a seaside town south of Cardiff by the Sea and Encinitas, and one of the more expensive communities along the North San Diego County coast.
It’s important that buyers and sellers have up-to-date information about the Solana Beach market conditions so they can make informed decisions about buying or selling Solana Beach Homes for Sale.
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The following information was taken from the MLS (private sales are not included, nor are multifamily properties or mobile or manufactured homes). The data are believed reliable when this report was written but are not guaranteed.
6 homes sold in Solana Beach in February, compared to 8 sales in January. Here are the details:
Single Family Homes Sold
2 (down by 1); 66 Average Days on Market; the Average Sales Price was $3,112,500 (up 5%); Average Sales Price was 97% of the original asking price.
Condos, Townhomes and Duplexes Sold
4 (down by 1); 13 Average Days on Market; Average Sales Price $1,494,750 (down 14%); the Average Sales Price was 96% of the original asking price.
Overall sales volume for the Solana Beach housing market declined by 2 from last month, another drop in sales. Condo, townhome and duplex sales dropped by 1, while single family home sales also decreased by 1. The average sales price for condos, townhomes and duplexes was lower than last month. However, the average sales price for single family homes rose modestly, by 5%, from January.
The average marketing time for the single family home sales was longer than last month, but was significantly shorter for condos, townhomes and duplexes compared to January. 4 of the 6 sales took 1 week or less to go pending.
Sales prices ranged from $1,350,000 to $3,200,000. The median sales price of condos, townhomes and duplexes in February was $1,515,000 (down 8%). There median price for single family homes, given there were only 2 sales, is the same as the average, $3,112,500.
3 of the home buyers negotiated their sales prices, with 2 homes selling for the asking price and 1 townhome selling for 104%.
At the end of February there were 28 homes for sale in Solana Beach, down 3 from last month. Home prices range from $725,000 to $13,388,888.
Solana Beach has a supply of 3 months for condos, townhomes and duplexes (up from 2.8 months last month), and 4.3 months for single family homes (down from 4.8 months last month). This is based on the rate of sales over the last 3 months.
Solana Beach is a strong seller’s market for condos, townhomes and duplexes, and a seller’s market for single family home buyers.
7 new listings hit the Solana Beach real estate market in February compared to 17 last month. The number of homes going pending (excluding homes that sold in February) decreased from 4 to just 2.
One cannot draw firm conclusions about pricing or other trends in Solana Beach because of the limited number of sales.
Please feel to reach out to me directly or via text at (760) 840-1360 to discuss your personal housing needs and budget, and any questions about the market. We’ll also discuss how local market conditions may impact your buying and selling goals and decisions. Then we can create a plan to help you buy and/or sell your Solana Beach home if that’s your goal.
SEARCH FOR SOLANA BEACH HOMES FOR SALE
READ MORE:
What’s my Solana Beach Home Worth? Solana Beach Market in January 2025
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