Hollister, San Benito County Real Estate Marketpdate for June 02, 2012

 

 

Single Family Residential
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Actives
San Benito County-84 of which REO/Bank Owned-12 or 14%, Short Sales-17 or 20%
Hollister-40 of which REO/Bank Owned-8 or 20%, Short Sales-12 or 30%

 

Pendings
San Benito County-176 of which REO/Bank Owned-23 or 13%, Short Sales-114 or 65%
Hollister-147 of which REO/Bank Owned-18 or 12%, Short Sales-99 or 67%

 

Absorption Rate
San Benito County-.48 months supply of inventory or 14-Days
Hollister-.27 months supply of inventory or 8-Days
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Solds for the week: 15
High: $575,000  REO/Bank Owned, New Conv 1st
Low:  $156,100  Traditional Sale, USDA Loan
Full-Price/Over-Asking: 9 or 60%
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Sale Type
Traditional: 7 or 46%
REO/Bank Owned: 4 or 27%
Short Sale: 4 or 27%
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Financing Type
New Conv 1st-6 or 40%
FHA Loan-5 or 33%
All CASH-1 or 6.5%
VA Loan-1 or 6.5%
USDA Loan-1 or 6.5%
Reverse Mortgage-1 or 6.5%

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