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

Solds_for_the_week_04-21-12[1]

Single Family Residential
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Actives:
San Benito County-85 of which REO/Bank Owned-15 or 18%, Short Sales-20 or 24%
Hollister-44 of which REO/Bank Owned-9 or 20%, Short Sales-16 or 36%
 
Pendings:
San Benito County-206 of which REO/Bank Owned-34 or 16.5%, Short Sales-120 or 58%
Hollister-174 of which REO/Bank Owned-25 or 14%, Short Sales-106 or 61%
 
Absorption Rate:
San Benito County-.41 months supply of inventory or 12-Days
Hollister-.25 months supply of inventory or 8-Days
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Solds for the Week: 11
High: $449,000 New Conv 1st, Traditional Sale (Flip)
Low:  $110,000 All Cash, Short Sale
Full-Price/Over-Asking: 5 or 45%
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Sale Type:
Traditional Sale-7 or 64%
REO/Bank Owned-2 or 18%
Short Sale-2 or 18%
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Financing Type:
New Conv. 1st-4 or 36%
All Cash-3 or 27%
FHA Loan-2 or 18%
USDA Loan-2 or 18%
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