Hollister, San Benito County Real Estate Market Update for June 30, 2012

Solds for the week of 06-30-12

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-91 of which REO/Bank Owned-11 or 12%, Short Sales-16 or 18%
Hollister-46 of which REO/Bank Owned-7 or 15%, Short Sales-13 or 28%
Pendings
San Benito County-171 of which REO/Bank Owned-21 or 12%, Short Sales-109 or 64%
Hollister-137 of which REO/Bank Owned-14 or 10%, Short Sales-93 or 68%
Absorption Rate
San Benito County-.53 months supply of inventory or 16-days
Hollister-.34 months supply of inventory or 10-days
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Solds for the week: 10
High: $1.1 million, New Conv 1st, Traditonal Sale
Low:  $185,000, All Cash, REO/Bank Owned
Full-Price/Over-Asking: 7 or 70%
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Sale Type
REO/Bank Owned: 4 or 40%
Short Sale: 3 or 30%
Traditional Sale: 3 or 30%
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Financing Type
New Conv 1st: 6 or 60%
All Cash: 3 or 30%
FHA Loan: 1 or 10%
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