Hollister, San Benito County Real Estate Market Update for June 18, 2011

Official seal of County of San Benito
Image via Wikipedia

Single Family Residential
____________________________________________________________

Actives:
San Benito County-186 of which REO/Bank Owned-27 or 16%
Hollister-126 of which REO/Bank Owned-20 or 16%

Pendings:
San Benito County-161 of which REO/Bank Owned-38 or 24%
Hollister-130 of which REO/Bank Owned-30 or 23%

Absorption Rate:
San Benito County-1.16 months supply of inventory or 35-days
Hollister-.97 months supply of inventory or 29-days
____________________________________________________________

Solds for the week: 12
High: $530,000 Short Sale, New Conv. 1st
Low:  $165,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 7 or 58%
____________________________________________________________

Sale Type
REO/Bank Owned: 7 or 58%
Short Sale: 3 or 25%
Traditional Sale: 2 or 17%
____________________________________________________________

Financing Type
New Conv 1st: 5 or 42%
FHA Loan: 5 or 42%
All CASH: 2 or 17%
____________________________________________________________

Enhanced by Zemanta