Hollister, San Benito County Real Estate Market Update for June 9th, 2012

 

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

Solds_for_the_week_06-09-12[1]

Single Family Residential
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Actives
San Benito County-83 of which REO/Bank Owned-7 or 8%, Short Sales-14 or 17%
Hollister-40 of which REO/Bank Owned-4 or 13%, Short Sales-9 or 23%
 
Pendings
San Benito County-180 of which REO/Bank Owned-27 or 15%, Short Sales-114 or 63%
Hollister-147 of which REO/Bank Owned-19 or 13%, Short Sales-99 or 67%
 
Absorption Rate
San Benito County-.46 months supply of inventory or 14-Days
Hollister-.27 months supply of inventory or 8-Days
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Solds for the week: 7
High: $680,000 Traditional Sale, New Conv. 1st
Low:  $178,000 REO/Bank Owned, All CASH (received 8 all cash offer’s on this property)
Full-Price/Over-Asking: 4 or 57%
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Sale Type
Traditional Sale-3 or 44%
REO/Bank Owned-2 or 28%
Short Sale-2 or 28%
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Financing Type
New Conv 1st-3 or 44%
FHA Loan-2 or 28%
All CASH-2 or 28%
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