Hollister, San Benito County Real Estate Market Update for May 18, 2012

 

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

Solds_for_the_week_05-19-12[1]

Single Family Residential
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Actives
San Benito County-82 of which REO/Bank Owned-14 or 17%, Short Sales-12 or 15%
Hollister-41 of which REO/Bank Owned-11 or 27%, Short Sales-10 or 24%
 
Pendings
San Benito County-192 of which REO/Bank Owned-28 or 15%, Short Sales-123 or 64%
Hollister-159 of which REO/Bank Owned-20 or 13%, Short Sales-104 or 65%
 
Absorption Rate
San Benito County-.43 months supply of inventory or 13-Days
Hollister-.26 months supply of inventory or 8-Days
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Solds for the Week: 8
High: $1,000,000  New Conv 1st, Traditional Sale
Low:  $212,000     FHA Loan, REO/Bank Owned
Full-Price/Over-Asking: 6 or 75%
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Sale Type
Traditional Sale-3 or 37.5%
Short Sale-3 or 37.5%
REO/Bank Owned-2 or 25%
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Financing Type
New Conv 1st-5 or 62.5%
FHA Loan-3 or 37/5%
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