Hollister, San Benito County Real Estate Market Update for January 21st, 2012

 
Single Family Residential
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Actives:
San Benito County-111 of which REO/Bank Owned-16 or 14%, Short Sales-29 or 26%
Hollister-76 of which REO/Bank Owned-15 or 20%, Short Sales-26 or 34%
 
Pendings:
San Benito County-184 of which REO/Bank Owned-27 or 15%, Short Sales-123 or 67%
Hollister-142 of which REO/Bank Owned-18 or 13%, Short Sales-99 or 70%
 
Absorption Rate:
San Benito County-.60 months supply of inventory or 18-days
Hollister-.54 months supply of inventory or 16-days
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Solds for the week: 6
High: $412,000 Short Sale, FHA Loan
Low:  $193,000 Traditional Sale (Flip), FHA Loan
Full-Price/Over-Asking: 3 or 50%
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Sale Type
Short Sale: 5 or 83%
Traditional Sale: 1 or 17%
REO/Bank Owned: none
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Financing Type
FHA Loan: 3 or 50%
New Conv 1st: 2 or 33%
All CASH: 1 or 17%
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