Hollister, San Benito County Real Estate Market Update for September 19, 2009

Single Family Residential

____________________________________________________________

Active:  SBC~156 of which REO/Bank Owned~28 or 18%

                   HO~79 of which REO/Bank Owned~18 or 23%

Pending: SBC~229 of which REO/Bank Owned~62 or 27%

                   HO~194 of which REO/Bank Owned~52 or 26%

Absorption Rate: SBC~.68  HO~.41 months supply of inventory

____________________________________________________________

Sold’s for the week: 12

  High: $450,000 Equity Sale, FHA Loan

  Low:  $131,000 REO, FHA Loan

Full-Price or Over: 10 or 83%

____________________________________________________________

Sale Type

REO/Bank Owned: 9 or 75%

Short Sale: 2 or 17%

Equity Sale: 1 or 8%

____________________________________________________________

Financing Type

New Conv. 1st: 1 or 8%

FHA Loan: 8 or 67%

CASH: 3 or 25%

____________________________________________________________