Hollister, San Benito County Real Estate Market Update for July 3rd, 2010

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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%

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