Hollister, San Benito County Real Estate Market Update for March 24, 2012

 
Single Family Residential
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Actives
San Benito County-103 of which REO/Bank Owned-23 or 22%, Short Sales-20 or 19%
Hollister-58 of which REO/Bank Owned-15 or 26%, Short Sale-31%
 
Pendings
San Benito County-193 of which REO/Bank Owned-24 or 12%, Short Sales-119 or 62%
Hollister-158 of which REO/Bank Owned-20 or 13%, Short Sales-98 or 62%
 
Absorption Rate
San Benito County-.53 months supply of inventory or 16-days
Hollister-.37 months supply of inventory or 11-days
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Solds: 5
High: $369,000 FHA Loan, Traditional Sale
Low:  $169,000 All CASH, Short Sale
Full-Price/Over-Asking: 2 or 40%
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Sale Type
Short Sale: 3 or 60%
REO/Bank Owned: 1 or 20%
Traditional Sale: 1 or 20%
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Financing Type
New Conv. 1st: 3 or 60%
FHA Loan: 1 or 20%
All CASH: 1 or 20%
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