Hollister, San Benito County Real Estate Market Update for November 14th, 2009

Map of California highlighting San Benito County
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Single Family Residential

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Actives:      SBC-138 of which REO/Bank Owned-17 or 12%

                          HO-74 of which REO/Bank Owned-11 or 15%

Pendings: SBC-237 of which REO/Bank Owned-53 or 22%

                          HO-195 of which REO/Bank Owned-44 or 23%

Absorption Rate:

          SBC-.58 months supply of inventory or 17 days

            HO-.38 months supply of inventory or 11 days

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Sold’s for the week: 13

   High: $440,000  REO/Bank Owned, FHA Loan

   Low:  $90,000  REO/Bank Owned, All Cash

Full-Price or Over-Asking: 10 or 77%

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Sale Type

  REO/Bank Owned: 9 or 69%

  Short Sale: 4 or 31%

  Equity Sale: 0

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Financing Type

  New Conv 1st: 4 or 31%

  FHA Loan: 3 or 23%

  All Cash: 4 or 31%

  Other: 2 or 15%

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