Is San Benito County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, San Benito County has remained a Seller's Market.
Housing Prices in San Benito County, CA
How much do homes in San Benito County, CA cost?
Median Sold Price
$750,000
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Benito County was $750,000 in March 2024, down 3.2% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $561.2K | $612.7K | +9.2% |
3 Bedrooms | $725K | $697K | -3.9% |
4 Bedrooms | $853.4K | $825K | -3.3% |
5+ Bedrooms | $885K | $884.5K | -0.1% |
Summary: San Benito County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Counties
Santa Clara County | $1.4M | $1.5M | +4.4% |
Monterey County | $804.3K | $835.3K | +3.9% |
Merced County | $390K | $391.1K | 0.3% |
Santa Cruz County | $1.1M | $1.1M | -3.1% |
San Benito County | $775K | $750K | -3.2% |
Housing Supply in San Benito County, CA
How many homes are available in San Benito County, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
130 | 133 | +2.3% |
Summary: The San Benito County real estate market had 133 homes for sale in March 2024, a 2.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 22 | 22 | 0.0% |
3 Bedrooms | 45 | 43 | -4.4% |
4 Bedrooms | 50 | 54 | +8.0% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The San Benito County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 30 | -11.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in San Benito County in March 2024, down by 11.8% month-over-month. Of the 27 sold homes, 56% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for San Benito County, CA
How long does it take to sell a home in San Benito County, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 57 Days | +14.5% |
Summary: Homes in San Benito County had an average of 57 days on market in Mar 2024, up by 14.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in San Benito County; 40% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.