Hollister, San Benito County Real Estate Market Update for August 28th, 2010

Seal of San Benito County, California
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Single Family Residential

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Actives:

San Benito County-200 of which REO/Bank Owned-33 or 17%

Hollister-140 of which REO/Bank Owned-24 or 17%

Pendings:

San Benito County-198 of which REO/Bank Owned-35 or 18%

Hollister-161 of which REO/Bank Owned-30 or 19%

Absorption Rate:

San Benito County-1.01 month’s supply of inventory

Hollister-.88 month’s supply of inventory or 26 days

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Solds for the week: 4 (Actually 2 are late reporting’s)

High:$425,000 REO/Bank Owned, New Conv. 1st

Low: $210,000 REO/Bank Owned, FHA Loan

Full-Price/Over-Asking: 1 or 25%

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Sale Type

REO/Bank Owned: 3 or 75%

Equity Sale: 1 or 25% (Investor Flip)

Short Sale: None

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Financing Type

FHA Loan: 3 or 75%

New Conv. 1st: 1 or 25%

All CASH: None

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 Wow! Another anemic week for the Sold’s.

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