Solano County Housing Market Update: July 7, 2025

The Solano County housing market is showing dynamic shifts this summer, offering opportunities for both buyers and sellers. With median home prices hovering around $587,800, a modest 0.8% year-over-year increase, and mortgage rates dropping to their lowest since early April, July 2025 is shaping up to be a pivotal month. Let’s dive into the latest trends and what they mean for you.

June 2025 Market Snapshot

• Median Home Price: ~$587,800, up 0.8% from last year (AP News, Zillow, Rocket Mortgage).

• Homes for Sale: ~1,143 active listings, an 11% increase from April (Zillow).

• Average Days to Pending: ~27 days, indicating homes are still moving quickly (Zillow).

• Mortgage Rates: 30-year fixed rates have eased to ~6.67%, the lowest since early April (Norada Real Estate, AP News, Bankrate).

  
  

What This Means for Buyers

The market is tilting in favor of buyers this July. Here’s why:

• More Choices, Less Competition: With an 11% increase in active listings since April, buyers have more options and stronger negotiating power.

• Favorable Mortgage Rates: Rates dipping to 6.67% make now an ideal time to lock in a loan. Consider strategies like rate buydowns or adjustable-rate mortgages (ARMs) to maximize affordability.

• Act Fast: Homes are still pending in just 27 days on average, so getting pre-approved early is crucial to secure the right deal.

  
  

Buyer Tip: Work with a lender to explore creative financing options and get pre-approved to move quickly when you find your dream home.

What This Means for Sellers

Sellers face a more competitive landscape but can still thrive with the right approach:

• Stand Out in a Crowded Market: With more inventory, strategic pricing and top-notch staging are essential to attract buyers.

• Sweeten the Deal: Offering financing perks, like rate buydowns or closing cost credits, can make your listing more appealing.

• Speed Still Sells: Well-presented homes are closing in under a month, so ensure your property is market-ready to capitalize on buyer interest.

  
  

Seller Tip: Highlight your home’s unique features and consider incentives to draw in serious buyers in this busier market.

Looking Ahead: July 2025 Outlook

The Solano County market is expected to remain stable, with median home prices holding steady in the high $580,000s and mortgage rates staying in the mid-to-high 6% range. If rates dip further, buyer activity could surge, making smart mortgage strategies a game-changer this summer. Whether you’re buying or selling, acting decisively and leveraging financing tools will set you up for success.

Ready to make your move? Connect with a local real estate expert to navigate this evolving market and seize the opportunities in Solano County this July.