Benicia Real Estate Market Sees Home Sales Decline

While home sales in the Benicia market have been above average, in this week's report they fell 3.2% to 30 homes sold over the last 30 days. Meanwhile, close-by Concord reported 117 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $534,500, down from last week's $565,000. Despite the slip in sales, a relatively low two months of inventory indicates that Benicia is a strong seller's market.

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Demographic facts about Benicia:

  • The population density is 2,088.1 people per square mile.
  • The area's lifestyle rating is 62. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 78.8% by car, 9.8% by carpool, and 4.0% by public transit.

Data reported through 10/13/2016

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