Hollister, San Benito County Real Estate Market Update for May 26th, 2012

 

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

Solds_for_the_week_of_05-26-12

Single Family Residential
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Active
San Benito County- 84 of which REO/Bank Owned-12 or 14%, Short Sales-19 or 23%
Hollister- 40 of which REO/Bank Owned-9 or 23%, Short Sales-14 or 35%
 
Pending
San Benito County- 193 of which REO/Bank Owned-26 or 13%, Short Sales-122 or 63%
Hollister- 162 of which REO/Bank Owned-20 or 12%, Short Sales-105 or 65%
 
Absorption Rate
San Benito County- .44 months supply of inventory or 13-Days
Hollister- .25 months supply of inventory or 7-Days
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Solds for the week: 6
High: $454,000 Short Sale, New Conv 1st
Low:  $231,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 3 or 50%
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Sale Type
Traditonal Sale: 3 or 50%
REO/Bank Owned:2 or 33%
Short Sale:1 or 17%
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Financing Type
New Conv 1st: 3 or 50%
FHA Loan: 3 or 50%
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