Hollister, San Benito County Real Estate Market Update for April 24, 2010

Seal of San Benito County, California
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Single Family Residential

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Active:

San Benito County-160 of which REO/Bank Owned-25 or 16%

Hollister-101 of which REO/Bank Owned-22 or 22%

Pending:

San Benito County-240 of which REO/Bank Owned-39 or 16%

Hollister-197 of which REO/Bank Owned-29 or 15%

Absorption Rate:

San Benito County-.67 months supply of inventory or 20-days

Hollister-.51 months supply of inventory or 15-days

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Solds for the week: 11

High-$630,000 REO/Bank Owned, New Conv. 1st

Low- $120,000 REO/Bank Owned, All CASH

Full Price or Over Asking- 6 or 55%

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Sale Type:

REO/Bank Owned-7 or 64%

Short Sale-3 or 27%

Equity Sale-1 or 9%

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Financing Type:

New Conv. 1st-4 or 36%

FHA Loan-4 or 36%

All CASH-3 or 28%

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