Hollister, San Benito County Real Estate Market Update for December 31st, 2011

Solds for the week 12-31-11

Single Family Residential
San Benito County-117 of which REO/Bank Owned-20 or 17%, Short Sales-30 or 26%
Hollister-76 of which REO/Bank Owned-15 or 20%, Short Sales-25 or 33%
San Benito County-192 of which REO/Bank Owned-24 or 12.5%, Short Sales-135 or 70%
Hollister-158 of which REO/Bank Owned-20 or 13%, Short Sales-112 or 71%
Absorption Rate:
San Benito County-.61 months supply of inventory or 18-days
Hollister-.48 months supply of inventory or 14.5-days
Solds for the week: 3
High: $295,000, REO/Bank Owned, New Conv. 1st
Low:  $220,000 Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: 1 or 33%
Sale Type
REO/Bank Owned: 2 or 66%
Traditional Sale: 1 or 33%
Short Sale: none
Financing Type
New Conv. 1st: 2 or 66%
All CASH: 1 or 33%