Solano County Market Update – Mid-August 2025

Market Snapshot (July – Early August)

The Solano County real estate market is showing signs of balance as we head into the latter half of summer. Here’s a quick look at the latest numbers:

• Median Home Price (July): $587,000, up 0.3% year-over-year. Homes are taking about 45 days to sell, a bit longer than the 36 days seen a year ago.

• Inventory Level: Approximately 1,107 listings are currently available, giving buyers more options compared to earlier this summer.

• Mortgage Rates: The 30-year fixed rate has recently dipped to around 6.58%, the lowest since October 2024, with Bankrate reporting an average of 6.57% as of mid-August.

What This Means for Buyers

The uptick in inventory means more choices and less competition, though well-priced homes are still moving steadily. With mortgage rates easing to their lowest point in nearly a year, now’s a great time to act. Here are some tips to make the most of the market:

• Explore Financing Options: Consider strategies like rate buydowns or adjustable-rate mortgages (ARMs) to maximize your purchasing power.

• Get Pre-Approved: A pre-approval strengthens your offer and can help speed up the closing process, giving you an edge in negotiations.

What This Means for Sellers

With rising inventory, competition among sellers is heating up. To stand out, focus on the following:

• Price Strategically: Sharp pricing and impactful staging can make your home more appealing in a crowded market.

• Offer Incentives: Financing perks, such as rate buydowns or closing-cost credits, can attract buyers who are sensitive to interest rates.

• Act Quickly: While the market is slowing, well-priced homes are still selling reliably—be prepared to move when interest is high.

Autumn 2025 Outlook

Looking ahead, we expect median home prices to hold steady in the high $580,000s, with mortgage rates likely staying in the mid-6% range, as economic indicators point to limited declines in the near term. This sets the stage for a balanced fall market, where preparation, savvy negotiation, and creative financing will be key to success.

Bottom Line

Whether you’re buying or selling in Solano County, today’s market rewards those who are strategic and flexible. Our team is here to help—whether you need to craft a winning offer, explore seller incentives, or connect with pre-approved buyers. Let’s work together to make your real estate goals a reality.