Hollister, San Benito County Real Estate Market Update for March 17, 2012

Single Family Residential
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Actives
San Benito County-106 of which REO/Bank Owned-19 or 18%, Short Sale-27 or 25%
Hollister-65 of which REO/Bank Owned-11 or 17%, Short Sale-26 or 40%
Pendings
San Benito County-185 of which REO/Bank Owed-26 or 14%, Short Sale-114 or 62%
Hollister-151 of which REO/Bank Owned-22 or 15%, Short Sale-92 or 61%
Absorption Rate
San Benito County-.57 month’s supply of inventory or 17-Days
Hollister-.43 month’s supply of inventory or 13-Days
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Solds for the Week: 11
High: $655,000 New Conv 1st, Traditional Sale
Low: $104,900 All CASH, REO/Bank Owned
Full-Price/Over-Asking: 4 or 36%
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Sale Type
Traditional Sale: 6 or 55%
REO/Bank Owned: 5 or 45%
Short Sale: 0
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Financing Type
New Conv. 1st: 4 or 36%
FHA Loan: 3 or 27%
All CASH: 2 or 18%
VA Loan: 1 or 9%
USDA Loan: 1 or 9%