Hollister, San Benito County Real Estate Market Update for November 5, 2011

Single Family Residential

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Actives
San Benito County-162 of which REO/Bank Owned-27 or 17%
Hollister-111 of which REO/Bank Owned-23 or 21%

Pendings
San Benito County-189 of which REO/Bank Owned-24 or 13%
Hollister-148 of which REO/Bank Owned-18 or 12%

Absorption Rate
San Benito County-.86 months supply of inventory or 26-days
Hollister-.75 months supply of inventory or 23-days
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Solds for the week: 11
High: $470,000 Short Sale, VA Loan
Low:  $160,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 7 or 64%
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Sale Type
Short Sale: 7 or 64%
REO/Bank Owned: 3 or 27%
Traditional Sale: 1 or 9%
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Financing Type
FHA Loan: 5 or 46%
New Conv 1st: 4 or 36%
VA Loan: 1 or 9%
All CASH: 1 or 9%
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