Hollister, San Benito County Real Estate Market Update for January 2nd, 2010

Single Family Residential

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Actives:

  San Benito County-136 of which REO/Bank Owned-28 or 21%

  Hollister-72 of which REO/Bank Owned-17 or 24%

Pendings:

  San Benito County-209 of which REO/Bank Owned-45 or 22%

  Hollister-178 of which REO/Bank Owned-38 or 21%

Absorption Rate:

  San Benito County-.65 months supply of inventory or 19.5 days.

  Hollister-.40 months supply of inventory or 12 days.

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Solds for the week: 9

High: $650,000 REO/Bank Owned, FHA Loan

Low:  $125,000 Equity Sale, All Cash

Full-Price or Over-Asking: 2 or 22%

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Sale Type

REO: 6 or 67%

Equity Sale: 3 or 33%

Short Sale: none

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 Financing Type

New Conv 1st: 2 or 22%

FHA Loan: 3 or 33%

All Cash: 4 or 44%