San Benito County Real Estate Market Report April 2016

Seth Muenzer
Published on May 6, 2016

San Benito County Real Estate Market Report April 2016

Curious of what is going on in the San Benito County real estate during the month of April along with a year over year comparison? Here is the real estate market report for April 2016.

San Benito County Real Estate Activity for April 2016 vs April 2015

In April 2016 there were 53 homes that closed during the month San Benito County. This is 12 less than April 2015.

  • The average sale price for homes that closed in April 2015 was $444,362
  • The average sale price for homes that closed in April 2016 was $489,849
  • The average Days on the market (DOM) for the homes that closed in April 2015 was 47 days.
  • The average Days on the market (DOM) for the homes that closed in April 2016 was 40 days.
  • The total amount of volume for the homes that closed in April 2015 was $29,256,325
  • The total amount of volume for the homes that closed in April 2016 was $26,211,710

Homes Under Contract in San Benito County for April 2016

There were a total of 97 homes in San Benito County that were under contract or sale pending through May 3rd, 2016. The average market time for these 97 homes was 38 days. The average list price for these homes under contract was $570,608

Current San Benito County Homes for Sale Inventory Levels

There are currently 16 Homes on the market in San Benito County. The average list price is $737,093. The average market time for these homes is 54 days. Homes in this community are selling in 22-27 days, if priced properly. The market absorption rate, as of May 3rd, 2016 was 2.16 in San Benito County. This means that if no other home in San Benito County were put on the market, it would take 2.80 months to deplete the remaining homes on the market. How can both buyers and sellers have an advantage in the real estate market? Employ the services of a local real estate agent who has vast knowledge and experience of the market.

The above statistics are only for single family homes and do not include condominiums or multi-family homes.

Find San Benito County, CA Homes for Sale

For a complete list of available real estate, homes and ranches in San Benito County, visit San Benito Real Estate for Sale. Make sure to subscribe to our blog so you do not miss out on any Hollister homes. Contact us to find out what your home is worth and to discuss your housing needs.

Other April 2016 Real Estate Market Reports


 

About Seth Muenzer’s Real Estate Blog: The above article “San Benito County Real Estate Report – April 2016” is hosted by the Seth Muenzer, the owners of www.sethmuenzer.com. If you’re thinking of selling or buying, I would love to share my knowledge and expertise.

Servicing the following San Benito County areas: HollisterRidgemarkTres Pinos, San Juan Bautista, Aromas as well as Santa Clara County,Gilroy, San Martin and Morgan Hill.

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