The PIN Magazine May 2020

Page 66

SOLANO COUNTY

Market Info AND Trends

Charles Reynolds

Everything you need to know from an Investor Perspective

S

olano County is one of the best places to live and work in California. The county is unique in that it has an inviting mix of rural and suburban lifestyles and easy access to all of the urban amenities associated with two of the nation’s most dynamic metropolitan areas. Solano county is situated midway between San Francisco and Sacramento- the state capitol. ACCESS

The county can be accessed by Oakland, Sacramento and the San Francisco International Airports. The general aviation can utilize Vacaville, Rio Vista, Napa and Concord airports. The county is linked to San Francisco, Oakland and Sacramento by the Interstate 80.

MARKET TRENDS

The median home value in Solano County is $452,504, according to Zillow. Data also shows that home values in the county have gone up 2.6% over the past year and it is predicted that they will rise 4.2% within the next year. The median list price per square foot in Solano county 66 l

Solano County is the home to rolling hillsides, waterfronts and fertile farmlands. While some parts of the county are located on the beautiful San Pablo Bay, Suisun Bay and the Sacramento River delta, the inland areas of the county offer large pieces of agricultural lands. The county has varied geographic location which allows access to diverse areas. is $269, which is the same as the Vallejo-Fairfield Metro. The median home price of homes currently listed in Solano County is $449,049, while the median price of homes sold is $442,000. The median rent price in Solano County is $2,275, which is the same as the Vallejo-Fairfield Metro median of $2,275.

FORECLOSURE STATISTICS

In 2018, Solano county was reported to be the county not just in California but in the country with the highest foreclosure rate among the larger metro areas. The foreclosure rate stood at 3.48 per cent in the Vallejo-Fairfield area. The first step of THE POWER IS NOW MAGAZINE | APRIL 2020


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
The PIN Magazine May 2020 by The Power Is Now Media Inc. - Issuu