Hollister, San Benito County Real Estate Market Update for May 1st, 2010

Seal of San Benito County, California
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Single Family Residential

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Active:

San Benito County-149 of which REO/Bank Owned-22 or 15%

Hollister-93 of which REO/Bank Owned-19 or 20%

Pending:

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

Hollister-200 of which REO/Bank Owned-32 or 16%

Absorption Rate:

San Benito County-.62 months supply of inventory or 19 days

Hollister-.47 months supply of inventory or 14 days

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Solds for the week: 11

High-$470,000 REO/Bank Owned, New Conv. 1st

Low- $70,000  REO/Bank Owned, All CASH

Full-Price or Over-Asking: 7 or 64%

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Sale Type

REO/Bank Owned-6 or 55%

Equity Sale-3 or 27%

Equity Sale-2 or 18%

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Financing Type

New Conv. 1st-6 or 55%

FHA Loan-2 or 18%

All CASH-2 or 18%

VA Loan-1 or 9%

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