San Benito County
Currently there are 136 homes on the market. 8 of those are “coming soon”. There are 33 homes under contract, 7 of which went pending in the past 7 days and 4 were sold in the past 7 days. The Median Sales Price as of October was $743,000 down from September, which was $780,000. The days on the market has gone down to 22 days to receive a contract from 37 in September. There are still opportunities for both buyers and sellers, we see more incentives being given by the seller although if the home is priced right a seller could get their asking price and be on their way. Seller’s received 100% of their list price in October up from 99% in September.
Santa Clara county
In the past 7 days Santa Clara County has 130 new listings on the market. Of the existing listings there has been 65 price reductions. 128 properties went into contract and 101 Sold properties in the past 7 days. The median sales price in October was $2,008,800 up from September of $1,877,500. Sellers receive 104% of the list price in October.
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