Intero's Market Report

Benicia, CA

Single-Family Homes



Benicia, CA

Tue Aug 09 2022
This week the median list price for Benicia, CA is $897,450 with the market action index hovering around 58. This is less than last month's market action index of 65. Inventory has increased to 34. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Benicia, CA

Tue Aug 09 2022
This week the median list price for Benicia, CA is $897,450 with the market action index hovering around 58. This is less than last month's market action index of 65. Inventory has increased to 34. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Benicia market.
Median List Price $897,450
Median Price of New Listings $927,499
Per Square Foot $451
Average Days on Market 25
Median Days on Market 21
Price Decreased 47%
Price Increased 0%
Relisted 3%
Inventory 34
Median Rent
Market Action 58
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$1,272,500 2,937 8,000 - 10,000 sqft 5 3 25 2 1 24
$979,499 2,485 6,500 - 8,000 sqft 4 3 44 1 3 21
$849,900 2,040 8,000 - 10,000 sqft 4 2.5 37 1 1 21
$699,000 1,312 6,500 - 8,000 sqft 3 2 45 2 1 7