Hollister, San Benito County Real Estate Market Update for October 23, 2010

Seal of San Benito County, California
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Single Family Residential

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Actives:

San Benito County-209 of which REO/Bank Owned-25 or 12%

Hollister-144 of which REO/Bank Owned-20 or 14%

Pendings:

San Benito County-188 of which REO/Bank Owned-44 23%

Hollister-156 of which REO/Bank Owned-37 or 24%

Absorption Rate:

San Benito County-1.11 months supply of inventory or 33-days

Hollister-.92 months supply of inventory or 28-days

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Solds for the week: 14 (5 late reportings or 36%)

High: $611,250  Equity Sale, New Conv. 1st

Low:  $145,000 REO/Bank Owned, All CASH

Full-Price/Over-Asking: 10 or 71%

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Sale Type:

REO/Bank Owned-8 or 57%

Short Sale-5 or 36%

Equity Sale-1 or 7%

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Financing Type:

FHA Loan-8 or 57%

New Conv. 1st-4 or 29%

All CASH-1 or 7%

USDA Loan-1 or 7%

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