The Benicia home sales report for June 2013 reflects the improving market throughout the North Bay. Of the 32 homes that closed escrow in June, 18 were on the market 30 days or less and only five were on the market longer than 60 days.
There was a mix of homes selling under and over their listing price, but any statistics regarding the relationship between listing and selling prices are now worthless. A current trend among many Bay Area brokers is to advise sellers to list their property for sale under its current market value – sometimes well under. This strategy is intended to bring in more buyers and hopefully cause them to engage in a bidding war that drives up the price over market value. Sometimes this works, sometimes it doesn’t. But it does create havoc in the marketplace when a seller wants to price his home at a reasonable market value and many of the homes listed in his area are priced artificially low.
July 1st Benicia Market Snapshot:
- Homes active on the market: 39 (click to view > Benicia homes for sale)
- Short sale/REO homes for sale: 2/1
- Price range of active listings: $289,000 - $1,498,000
- Homes now in escrow: 72
Contact Us for more information regarding this Benicia home sales report or for help buying or selling North Bay real estate.
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Benicia Home Sales Report: Escrow Closed June 2013
| LOCATION | BED/BATH | SQ. FEET | LIST PRICE | SALE PRICE |
| 1806 Shirley Dr | 1/1 (1 0) | 641 | $79,000 | $115,000 |
| 103 Sunset Cir #4 | 2/2 (1 1) | 1,012 | $105,000 | $135,000 |
| 735 buchanan St #212 | 2/1 (1 0) | 846 | $207,000 | $207,000 |
| 760 Military East St | 2/3 (2 1) | 1,464 | $190,000 | $230,000 |
| 228 Hillcrest Ave | 2/1 (1 0) | 764 | $248,000 | $275,000 |
| 480 E E St | 3/3 (2 1) | 1,640 | $273,000 | $280,000 |
| 1591 London Cir | 2/2 (2 0) | 1,095 | $285,000 | $320,000 |
| 637 E I St | 3/1 (1 0) | 969 | $268,000 | $326,000 |
| 269 Hillcrest Ave | 3/2 (2 0) | 1,400 | $340,000 | $340,000 |
| 513 Raymond Dr | 4/2 (2 0) | 1,843 | $350,000 | $345,000 |
| 651 E L St | 2/1 (1 0) | 796 | $400,000 | $356,250 |
| 541 Fuchsia Dr | 3/2 (2 0) | 1,421 | $375,000 | $365,000 |
| 100 Brandon Pl | 3/2 (2 0) | 1,284 | $348,000 | $391,000 |
| 319 Larkin Ct | 3/2 (2 0) | 1,454 | $389,000 | $435,000 |
| 133 Gill Ct | 3/2 (1 1) | 1,660 | $399,000 | $435,000 |
| 201 Radnor Ct | 3/2 (2 0) | 1,454 | $409,000 | $440,000 |
| 570 Periwinkle Pl | 3/3 (2 1) | 2,292 | $435,000 | $450,000 |
| 104 W Tennys Dr | 4/3 (2 1) | 1,724 | $475,000 | $485,000 |
| 403 Ofarrell Dr | 4/3 (2 1) | 2,197 | $475,000 | $490,000 |
| 892 Hanlon Way | 4/2 (2 0) | 2,040 | $475,000 | $495,000 |
| 1259 Military West St | 4/4 (3 1) | 3,411 | $509,000 | $538,000 |
| 890 Rose Dr | 4/2 (2 0) | 1,946 | $483,000 | $538,500 |
| 802 W 6th St | 3/2 (2 0) | 1,164 | $545,000 | $539,000 |
| 1480 Janet Ct | 4/3 (3 0) | 1,835 | $539,999 | $545,000 |
| 478 McCall Dr | 4/3 (3 0) | 2,794 | $579,000 | $553,000 |
| 806 Dorset Way | 4/3 (3 0) | 2,437 | $530,000 | $580,000 |
| 712 Kearney St | 4/3 (3 0) | 2,758 | $599,900 | $615,000 |
| 1630 Saint Francis Ct | 4/3 (3 0) | 2,852 | $675,000 | $630,000 |
| 1190 W 13th St | 3/3 (2 1) | 2,328 | $669,000 | $654,000 |
| 507 Lansing Cir | 5/4 (4 0) | 4,233 | $669,000 | $710,000 |
| 320 E N St | 4/3 (3 0) | 2,692 | $724,000 | $715,000 |
| 735 Kearney St | 5/5 (4 1) | 4,380 | $705,000 | $715,002 |
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John A. Souerbry & Associates Call John direct: (707) 317-0280 (BRE 01370983)
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