Hollister, San Benito County Real Estate Update July 4th, 2009
Saturday, July 4, 2009 Add a comment
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!
