~ Hollister, San Benito County Real Estate Update for June 6th, 2009 ~

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Single Family Residential

Actives:  SBC~176 of which REO~29 or 16%

                  HO~96 of which REO~24 or 25%

Pendings: SBC~206 of which REO~69 or 33%

                   HO~187 of which REO~67 or 36%

Absorption Rate: SBC~.85  HO~.5 months supply of inventory

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Solds for the week: 21

   High: $725,000  Short Sale, New 1st

   Low:  $134,900  REO, Cash

   Full Price or Over Asking: 10 or 48%

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Sale Type:

   REO~11 or 52%

   Short Sales~6 or 29%

   Equity Sales~3 or 14%

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Financing Type:

   New Conv. 1st~11 or 52%

   FHA~6 or 29%

   CASH~4 or 19%

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49 Notices of Sale in the paper this week.

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