Hollister, San Benito County Real Estate Market Update for October 22, 2011

Official seal of County of San Benito
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Single Family Residential
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Active
San Benito County-154 of which REO/Bank Owned-23 or 15%
Hollister-108 of which REO/Bank Owned-17 or 16%

Pendings
San Benito County-194 of which REO/Bank Owned-12 or 12%
Hollister-153 of which REO/Bank Owned-18 or 12%

Absorption Rate
San Benito County-.79 months supply of inventory or 24-days
Hollister-.71 months supply of inventory or 21-days
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Solds for the week: 14

High: $510,000 REO/Bank Owned, New Conv 1st
Low:  $165,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 5 or 36%
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Sale Type

REO/Bank Owned: 6 or 43%
Short Sale: 5 or 36%
Traditional Sale: 2 or 14%
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Financing Type

FHA Loan: 7 or 50%
New Conv. 1st: 4 or 29%
VA Loan: 1 or 7%
USDA Loan: 1 or 7%
VA Loan: 1 or 7%
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