Hollister, San Benito County Real Estate Market Update February 11, 2012

 
Single Family Residential
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Actives:
San Benito County-113 of which REO/Bank Owned-13 or 11.5% and Short Sales-31 or 27%
Hollister-69 of which REO/Bank Owned-9 or 13% and Short Sales-24 or 35%
 
Pendings:
San Benito County-177 of which REO/Bank Owned-27 or 15% and Short Sales-113 or 64%
Hollister-141 of which REO/Bank Owned-21 or 15% and Short Sales-91 or 64.5%
 
Absorption Rate:
San Benito County-.64 months supply of inventory or 19-days
Hollister-.49 months supply of inventory or 15-days
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Solds for the week: 5
High: $520,000 REO/Bank Owned, New Conv 1st
Low:  $194,000 Traditional Sale (Investor Flip), FHA Loan
Full-Price/Over-Asking: 1 or 20%
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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%
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