Hollister, San Benito County Real Estate Update July 4th, 2009

Single Family Residential

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Actives:   SBC~180 of which REO/Bank Owned~40 or 22%

                        HO~99  of which REO/Bank Owned~33 or 33%

Pendings:  SBC~212 of which REO/Bank Owned~63 or 30%

                          HO~188 or which REO/Bank Owned~60 or 32%

Absorption Rate: SBC~.85  HO~.53 months supply of inventory

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Sold’s for the week: 14

     High: $640,000  Equity Sale, New Conv. lst

     Low:  $167,000  REO/Bank Owned, New Conv. lst

    Full-Price or Over-Asking: 10 or 71%

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Sale Type

     REO/Bank Owned: 9 or 64%

     Short Sale: 3 or 21%

     Equity Sale: 2 or 14%

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Financing Type

     New Conv. lst: 7 or 50%

     FHA Loan: 4 or 29%

     Cash: 3 or 21%

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 Good numbers for a short week due to the holiday……everyone have a safe 4th of July holiday!