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 April 2023

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.

Housing Prices in San Benito County, CA

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

Median Sold Price

$754,875

$410/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,143(-1.7%)

Key Takeaway

Homes in San Benito County have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in San Benito County was $754,875 in April 2024, down 1.7% from last year, and the median price per square foot was $410.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $567.5K$617.5K
+8.8%
3 $716K$699.9K
-2.2%
4 $835K$829.4K
-0.7%
5+ $870.2K$899K
+3.3%

Summary: San Benito County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Counties

Santa Clara County
+7.4%
Monterey County
+5.1%
Merced County
+0.7%
Santa Cruz County
-1.1%
San Benito County
-1.7%

Housing Supply in San Benito County, CA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
129143+10.9%

Summary: The San Benito County real estate market had 143 homes for sale in April 2024, a 10.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 2022
+10.0%
3 4046
+15.0%
4 5356
+5.7%
5+ 1316
+23.1%

Summary: The San Benito County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3036+20.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Benito County, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in San Benito County in April 2024, up by 20.0% month-over-month. Of the 33 sold homes, 39% were sold under asking, 15% were sold at asking, and 45% 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

Apr 2023Apr 2024CHANGE
49 Days33 Days-31.3%

Summary: Homes in San Benito County had an average of 33 days on market in Apr 2024, down by 31.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Benito County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 36 homes were sold in San Benito County; 58% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in San Benito County, CA

Nearby Markets to San Benito County, CA

What housing markets are near San Benito County, CA?