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

 

Solds for the week 12-24-11

Single Family Residential
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Actives:
San Benito County-119
REO/Bank Owned-19 or 16%
Short Sales-36 or 30%
 
Hollister-83
REO/Bank Owned-15 or 18%
Short Sales-32 or 39%
 
Pendings:
San Benito County-193
REO/Bank Owned-27 or 14%
Short Sales-132 or 68%
 
Hollister-156
REO/Bank Owed-22 or 14%
Short Sales-108 or 69%
 
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 18.5 days
Hollister-.53 month’s supply of inventory or 16 days
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Solds for the week: 5
High: $568,000 REO/Bank Owned, New Conv 1st
Low:  $235,000 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 3 or 60%
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Sale Type
REO/Bank Owned: 3 or 60%
Short Sale: 1 or 20%
Traditional Sale: 1 or 20%
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Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 2 or 40%
 
MERRY CHRISTMAS EVERYONE!