Hollister, San Benito County Real Estate Market Update October 10th, 2009

Single Family Residential

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Actives:   SBC-146 of which REO/Bank Owned-24 or 16%

                        HO-73 of which REO/Bank Owned-16 or 22%

Pendings: SBC-233 of which REO/Bank Owned-59 or 25%

                          HO-195 of which REO/Bank Owned-48 or 25%

Absorption Rate: SBC-.63

                                           HO-.37 month’s supply of inventory.

That’s a 13 Day supply of inventory for Hollister, if I did the math right!

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Sold’s for the week: 12

  High: $520,000   REO/Bank Owned, New Conventional First

   Low: $185,000   REO/Bank Owned, FHA Loan

  Full-price or Over: 9 or 75%

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Sale Type

  REO/Bank Owned: 7 or 58%

  Short Sale: 3 or 25%

  Equity Sale: 2 or 17%

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Financing Type

  New Conventional 1st: 4 or 33%

  FHA Loan: 6 or 50%

  VA Loan: 1 or 8%

  CASH: 1 or 8%

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