Hollister, San Benito County Real Estate Market Update for July 9th, 2011

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Single Family Residential
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Actives
San Benito County-201 of which REO/Bank Owned-26 or 13%
Hollister-143 of which REO/Bank Owned-18 or 13%

Pendings
San Benito County-155 or which REO/Bank Owned-33 or 21%
Hollister-122 of which REO/Bank Owned-27 or 22%

Absorption Rate
San Bentito County-1.3 months supply of inventory or 39-days
Hollister-1.17 months supply of inventory or 35-days
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Solds for the week: 9
High: $319,000 Investor Flip, USDA Loan
Low:  $200,000 Short Sale, FHA Loan
Full-Price/Over-Asking: 4 or 44%
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Sale Type
REO/Bank Owned-4 or 44%
Traditional Sale-3 or 33%
Short Sale-2 or 22%
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Financing Type
FHA Loan-4 or 44%
USDA Loan-2 or 22%
All CASH-2 or 22%
New Conv 1st-1 or 11%
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