Hollister, San Benito County Real Estate Market Update for Feb 25, 2012

Solds for the week 02-25-12

Single Family Residential
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Actives
San Benito County-121 of which REO/Bank Owned-19 or 16%, Short Sales-33 or 27%
Hollister-79 of which REO/Bank Owned-15 or 19%, Short Sales-27 or 34%
 
Pendings
San Benito County-181 of which REO/Bank Owned-29 or 16%, Short Sales-112 or 62%
Hollister-144 of which REO/Bank Owned-21 or 15%, Short Sales-92 or 64%
 
Absorption Rate
San Benito County-.67 month’s supply of inventory or 20-Days
Hollister-.55 month’s supply of inventory or 16-Days
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Sold’s for the week: 3
High: $365,000  Traditional Sale (Flip), New Conv. 1st
Low:  $265,000  Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: 1 or 33%
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Sale Type
Traditional Sale: 2 or 66%
Short Sale: 1 or 33%
REO/Bank Owned: 0
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Financing Type
New Conv. 1st: 2 or 66%
VA Loan: 1 or 33%
FHA Loan: 0
All CASH: 0
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