Intero's Market Report

Benicia, CA

Single-Family Homes



Benicia, CA

Tue Nov 29 2022
This week the median list price for Benicia, CA is $840,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has decreased to 27. Click here to stay informed with the Benicia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Benicia, CA

Tue Nov 29 2022
This week the median list price for Benicia, CA is $840,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has decreased to 27. Click here to stay informed with the Benicia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Benicia market.
Median List Price $840,000
Median Price of New Listings $780,000
Per Square Foot $448
Average Days on Market 72
Median Days on Market 70
Price Decreased 56%
Price Increased 0%
Relisted 15%
Inventory 27
Median Rent
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,349,950 2,943 0.25 - 0.5 acre 4 3.8 33 0 0 38
$899,000 2,569 8,000 - 10,000 sqft 4 3 45 0 0 91
$789,000 1,529 4,500 - 6,500 sqft 4 2 45 1 0 84
$650,000 1,500 4,500 - 6,500 sqft 3 2 50 0 2 63