Hollister, San Benito County Real Estate Market Update for January 16, 2010

Single Family Residential

____________________________________________________________

Active:

  San Benito County-133 of which REO/Bank Owned-20 or 15%

  Hollister-72 of which REO/Bank Owned-11 or 15%

Pending:

  San Benito County-218 of which REO/Bank Owned-51 or 23%

  Hollister-102 of which REO/Bank Owned-42 or 41%

Absorption Rate:

  San Benito County-.61 month’s supply of inventory or 18 days

  Hollister-.71 month’s supply of inventory or 21 days

____________________________________________________________

Solds for the week: 10

  High-$345,000  REO/Bank Owned, New Conv. 1st

  Low- $165,000  REO/Bank Owned, FHA Loan

Full Price or Over Asking-7 or 70%

____________________________________________________________

Sale Type

  REO/Bank Owned-7 or 70%

  Short Sale-3 or 30%

  Equity Sale- none

____________________________________________________________

Financing Type

  New Conv. 1st-5 or 50%

  FHA Loan-4 or 40%

  All CASH-1 or 10%