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 May 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
$763,000
$408/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in San Benito County was $763,000 in May 2024, up 0.4% from last year, and the median price per square foot was $408.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $499K | N/A |
2 Bedrooms | $550K | $625K | +13.6% |
3 Bedrooms | $690K | $700K | +1.4% |
4 Bedrooms | $835K | $840K | +0.6% |
5+ Bedrooms | $859.9K | $884.5K | +2.9% |
Summary: San Benito County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Counties
Santa Clara County | $1.4M | $1.5M | +10.4% |
Monterey County | $799.8K | $851.9K | +6.5% |
Merced County | $387.1K | $394.2K | +1.8% |
San Benito County | $760K | $763K | 0.4% |
Santa Cruz County | $1.1M | $1.1M | -2.5% |
Housing Supply in San Benito County, CA
How many homes are available in San Benito County, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
147 | 180 | +22.4% |
Summary: The San Benito County real estate market had 180 homes for sale in May 2024, a 22.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 50 | 66 | +32.0% |
4 Bedrooms | 58 | 68 | +17.2% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The San Benito County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 44 | +37.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in San Benito County in May 2024, up by 37.5% month-over-month. Of the 41 sold homes, 27% were sold under asking, 27% were sold at asking, and 46% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 46 Days | +33.6% |
Summary: Homes in San Benito County had an average of 46 days on market in May 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 44 homes were sold in San Benito County; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.