Hollister, San Benito County Real Estate Market Update for July 3rd, 2010
Saturday, July 3, 2010 | Add a comment
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Single Family Residential
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Actives:
San Benito County-178 of which REO/Bank Owned-24 or 13%
Hollister-110 of which REO/Bank Owned-21 or 19%
Pendings:
San Benito County-192 of which REO/Bank Owned-37 or 19%
Hollister-155 of which REO/Bank Owned-31 or 20%
Absorption Rate:
San Benito County-.93 months supply of inventory or 28 days
Hollister-.71 months supply of inventory or 21 days
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Solds for the week: 21 (1 late reporter)
High-$535,000 Equity Sale, New Conv. 1st
Low- $185,000 Equity Sale, FHA Loan
Full-Price/Over-Asking-14 or 67%
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Sale Type:
Equity Sale-9 or 43%
Investor Flip-2 or 22% of the solds.
New Construction-1 or 11% of the solds.
REO/Bank Owned-7 or 33%
Short Sale-5 or 24%
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Financing Type:
New Conv. 1st-9 or 43%
FHA Loan-8 or 38%
VA Loan-2 or 10%
All CASH-1 or 5%
USDA Loan-1 or 5%
