Hollister, San Benito County Real Estate Market Update for November 26, 2011

Solds for the week 11-26-11

Single Family Residential
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Actives:
San Benito County-136 of which REO/Bank Owned-22 or 16%, Short Sale-40 or 29%
Hollister-96 of which REO/Bank Owned-17 or 18%, Short Sale-36 or 38%

Pendings:
San Benito County-198 of which REO/Bank Owned-29 or 15%, Short Sale-136 or 69%
Hollister-160 of which REO/Bank Owned-26 or 16%, Short Sale-111 or 63%

Absorption Rate:
San Benito County-.69 months supply of inventory or 21 days
Hollister- .6 months supply of inventory or 18 Days
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Solds for the week: 8
High: $615,000, Short Sale, New Conv. 1st
Low: $165,000, Traditional Sale, New Conv 1st
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Sale Type:
Short Sale-4 or 50%
Traditonal Sale-4 or 50%
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Financing Type:
New Conv. 1st-6 or 75%
FHA Loan-1 or 12.5%
VA Loan-1 or 12.5%
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Official seal of County of San Benito
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