Hollister, San Benito County Real Estate Market Update for July 16, 2011

Official seal of County of San Benito
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Single Family Residential
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Actives
San Benito County-184 of which REO/Bank Owned-26 or 14%
Hollister-132 of which REO/Bank Owned-20 or 15%

Pendings
San Benito County-165 of which REO/Bank Owned-35 or 21%
Hollister-125 of which REO/Bank Owned-26 or 21%

Absorption Rate
San Benito County-1.11 months supply of inventory or 33-days
Hollister-1.05 months supply of inventory or 32-days
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Solds for the week: 15
High: $537,000 Traditional Sale, New Conv 1st
Low:  $120,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 9 or 60%
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Sale Type
REO/Bank Owned: 9 or 60%
Short Sale: 5 or 33%
Traditional Sale: 1 or 6%
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Financing Type
New Conv 1st: 7 or 47%
FHA Loan: 4 or 27%
All CASH: 3 or 20%
VA Loan: 1 or 6%
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