Hollister, San Benito County Real Estate Market Update for June 23, 2012

Solds for the week of 06-23-12

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

Single Family Residential

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Actives

San Benito County-94 of which REO/Bank Owned-11 or 12%, Short Sales-18 or 19%

Hollister-44 of which REO/Bank Owned-5 or 11%, Short Sales-12 or 27%

 

Pendings

San Benito County-174 of which REO/Bank Owned-23 or 13%, Short Sales-108 or 62%

Hollister-143 of which REO/Bank Owned-18 or 13%, Short Sales-95 or 66%

 

Absorption Rate

San Benito County-.54 months supply of inventory or 16-Days

Hollister-.31 months supply of inventory or 9-Days

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Solds for the week: 8

HIgh: $340,000 REO/Bank Owned, New Conv 1st

Low:  $112,000 Traditional Sale, New Conv 1st

Full-Price/Over-Asking: 7 or 90%

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Sale Type

REO/Bank Owned: 3 or 37.5%

Traditional Sale: 3 or 37.5%

Short Sale: 2 or 25%

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Financing Type

New Conv 1st: 3 or 37.5%

USDA Loan: 3 or 37.5%

FHA Loan: 2 or 25%

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