Is San Benito County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Benito County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, San Benito County has remained a Seller's Market.

Key Takeaway

San Benito County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in San Benito County, CA cost?

Median Sold Price

$800,000

$416/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$61,290(+8.3%)

Key Takeaway

Homes in San Benito County have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $1.2M-
N/A
2 $550K$570.5K
+3.7%
3 $685K$745K
+8.8%
4 $805K$850.2K
+5.6%
5+ $875K$949.1K
+8.5%

Median Sold Price Compared To Nearby Counties

Santa Cruz County
+16.8%
Merced County
+14.9%
Santa Clara County
+11.0%
San Benito County
+8.3%
Monterey County
+5.0%

How many homes are available in San Benito County, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
166165-0.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 136
-53.8%
3 8174
-8.6%
4 5964
+8.5%
5+ 1320
+53.8%

Number of Homes Sold

Sep 2022Oct 2022%
4138-7.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Benito County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days49 Days+219.9%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Benito County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About San Benito County, CA

There are 165 homes are for sale in San Benito County, CA real estate market. Between September 2022 and October 2022, San Benito County, CA real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in October 2022 was 49 days, the median list price was $800,000. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 3.7%, prices of 3 bedrooms properties increased by 8.8%, prices of 4 bedrooms properties increased by 5.6%, 5 bedrooms properties became 8.5% more expensive. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes decreased by 53.8%, 3 bedrooms homes became 8.6% less available, number of 4 bedrooms homes increased by 8.5%, 5 bedrooms homes inventory increased by 53.8%. Over 6 listings were sold over their listed price in October 2022 in San Benito County, CA. In the same period over 21 listings were sold below the listed price and 8 listings were sold for the listed price.

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