San Benito Real Estate Report – May 2017

Seth Muenzer
Published on June 2, 2017

San Benito Real Estate Report – May 2017

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Curious of what is going on in the San Benito County real estate during the month of May along with a year over year comparison? Here is the real estate market report for May 2017.

San Benito County Real Estate Activity for May 2016 vs May 2017


In May 2017 there were 46 homes that closed during the month in San Benito County. This is 1 more than May 2016.

  • The average sale price for homes that closed in May 2016 was $527,246
  • The average sale price for homes that closed in May 2017 was $559,426
  • The average Days on the market (DOM) for the homes that closed in May 2016 was 27 days.
  • The average Days on the market (DOM) for the homes that closed in May 2017 was 39 days.
  • The total amount of volume for the homes that closed in May 2016 was $24,780,554
  • The total amount of volume for the homes that closed in May 2017 was $25,733,608

 

Homes Under Contract in San Benito County for May 2016

There were a total of 87 homes in San Benito County that were under contract or sale pending through June 1st, 2017. The average market time for these 87 homes was 44 days. The average list price for these homes under contract was $615,215

Current San Benito County Homes for Sale Inventory Levels

There are currently 104 Homes on the market in San Benito County. The median list price is $666,900. The average market time for these homes is 65 days. Homes in this community are selling in 40 days, if priced properly. The market absorption rate, as of June 5th, 2017 was 2.17 in San Benito County. This means that if no other home in San Benito County were put on the market, it would take 2.17 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 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 May 2017 Real Estate Market Reports

Data Provided By MLSListings 


 

About Seth Muenzer’s Real Estate Blog: The above article “What are you talking about? Real estate terms explained” is hosted by the Seth Muenzer, the owner of www.sethmuenzer.com. a leader in the field of Real Estate sales, marketing, and social media marketing. If you’re thinking of selling or buying, I would love to share my knowledge and expertise. For tips, tricks and how to save money when buying real estate please visit my other blog articles. If you have real estate question feel free to ask anytime and thank you for visiting my blog.

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

 

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