Hollister, San Benito County Real Estate Market Update for September 24, 2011

Official seal of County of San Benito
Image via Wikipedia

Single Family Residential
____________________________________________________________
Actives
San Benito County-156 of which REO/Bank Owned-21 or 13%
Hollister-109 of which REO/Bank Owned-16 or 15%

Pendings
San Benito County-203 of which REO/Bank Owned-36 or 18%
Hollister-156 of which REO/Bank Owned-26 or 17%

Absorption Rate
San Benito County-.77 months supply of inventory or 23-days
Hollister-.70 months supply of inventory or 21-days
____________________________________________________________
Solds for the week: 11
High: $393,000 Traditional Sale, New Conv. 1st
Low:  $160,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 2 or 18%
____________________________________________________________
Sale Type
Traditional Sale: 6 or 55%
Short Sale: 4 or 36%
REO/Bank Owned: 1 or 9%
____________________________________________________________
Financing Type
New Conventional 1st: 6 or 55%
FHA Loan: 3 or 27%
USDA Loan: 1 or 9%
All CASH: 1 or 9
____________________________________________________________
The flippers appear to be alive and well this week!

Enhanced by Zemanta