Hollister, San Benito County Real Estate Market Update for December 17, 2011

 

Solds for the week 12-17-11

Single Family Residential
___________________________________________________________________
Actives
San Benito County-132 of which REO/Bank Owned-20 or 15% ~ Short Sales-39 or 29.5%
Hollister-92 of which REO/Bank Owned-14 or 15% ~ Short Sales-35 or 38%
 
Pendings
San Benito County-186 of which REO/Bank Owned-28 or 15% ~ Short Sales-130 or 70%
Hollister- 150 of which REO/Bank Owned-24 or 16% ~ Short Sales-106 or 71%
 
Absorption Rate
San Benito County-.71 months supply of inventory or 21-days
Hollister- .61 months supply of inventory or 18-days
____________________________________________________________________
Solds for the week: 5
High- $625,000 Short Sale, All CASH
Low-  $175,000 Short Sale, New Conv 1st
Full-Price/Over-Asking: 4 or 80%
____________________________________________________________________
Sale Type
Short Sale-4 or 80%
REO/Bank Owed-1 or 20%
____________________________________________________________________
Financing Type
New Conv 1st-2 or 40%
FHA Loan-1 or 20%
VA Loan-1 or 20%
All CASH-1 or 20%
 

It’s A Good Life! That’s For Sure