Executive Summary
The Solvang, CA real estate market is currently classified as a balanced market. The median asking price is $1.8M, up 29.2% over the past 30 days.
There are currently 16 active listings. 5 properties have sold in the past 90 days at a median sold price of $1.2M. Inventory has increased 166.7% compared to last month.
Currently, listings spend an average of 29 days on market and the average price per square foot is $769.
Detached properties make up the largest share of the Solvang market at 87% of active listings with an average price of $2.0M. Townhouse listings follow at 13% (avg $899K).
Sales Activity & Absorption
Volume
Market Signals
10 new listings appeared in the past month, 6 sellers reduced their asking price.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Solvang market currently has 16 active listings with a median price of $1.8M.
- Prices rising (29.2% in 30 days)
- High price reduction rate (38% of listings)
- Average price per square foot is $769
- Sold properties averaged -43 days on market
Market data is calculated from active and recently sold MLS listings as of March 3, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.