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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, San Benito County was a Seller's Market.

Key Takeaway

San Benito County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in San Benito County, CA

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

Median Sold Price

$776,000

$407/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,333(+3.4%)

Key Takeaway

Homes in San Benito County have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in San Benito County was $776,000 in November 2024, up 3.4% from last year, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$499K
N/A
2 $600K$618.5K
+3.1%
3 $693K$717.1K
+3.5%
4 $825K$860K
+4.2%
5+ $858.7K$929.8K
+8.3%

Summary: San Benito County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Counties

Santa Clara County
+10.1%
Monterey County
+6.6%
Merced County
+6.5%
San Benito County
+3.4%
Santa Cruz County
+1.9%

Housing Supply in San Benito County, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
170167-1.8%

Summary: The San Benito County real estate market had 167 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 1814
-22.2%
3 6463
-1.6%
4 6770
+4.5%
5+ 1515
0.0%

Summary: The San Benito County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3827-28.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 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. 50% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in San Benito County in November 2024, down by 28.9% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% 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

Nov 2023Nov 2024CHANGE
38 Days54 Days+41.3%

Summary: Homes in San Benito County had an average of 54 days on market in Nov 2024, up by 41.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were 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 November 2024, 27 homes were sold in San Benito County; 44% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 19% 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 21 Days Ago

Newest Listings in San Benito County, CA

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