Hollister, San Benito County Real Estate Market Update for October 24, 2009

Single Family Residential

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Active:  SBC-142 of which REO/Bank Owned-23 or 16%

                    HO-74 of which REO/Bank Owned-16 or 22%

Pending:  SBC-234 of which REO/Bank Owned-57 or 24%

                        HO-194 of which REO/Bank Owned-47 or 24%

Absorption Rate: SBC-.61 months supply or 18 days

                                            HO-.32 months supply or 10 days

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Solds for the week: 14

  High: $599,000  REO/Bank Owned, New Conv. 1st

   Low: $125,000  REO/Bank Owned, Cash

Full-price or Over-asking: 5 or 36%

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Sale Type

  REO/Bank Owned: 9 or 64%

  Short Sale: 4 or 29%

  Equity Sale: 1 or 7%

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Financing Type

  New Conv. 1st: 6 or 43%

  FHA Loan: 6 or 43%

  Cash: 2 or 14%

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Another typical week…for the most part.