Hollister, San Benito County Real Estate Market Update for February 13th, 2010

Single Family Residential

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Actives:

San Benito County-149 of which REO/Bank Owned-29 or 19%

Hollister-83 of which REO/Bank Owned-20 or 24%

Pending’s:

San Benito County-211 of which REO/Bank Owned-47 or 22%

Hollister-180 of which REO/Bank Owned-36 or 20%

Absorption Rate:

San Benito County-.71 month’s supply of inventory or 21 days

Hollister-.46 month’s supply of inventory or 14 days

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Sold’s for the week: 9

High-$441,000 REO/Bank Owned (Sold at auction), FHA Loan

Low-$175,000 Short Sale, USDA Loan

Full-Price or Over-Asking Price-7 or 78%

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Sale Type:

REO/Bank Owned-5 or 56%

Short Sale-3 or 33%

Equity Sale-1 or 11%

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Financing Type:

FHA Loan-3 or 33%

New Conv. 1st-4 or 4%

VA Loan-1 or 11%

USDA Loan-1 or 11%