Hollister, San Benito County Real Estate Market Update for July 21, 2012

Solds for the Week of 07-21-12

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-13 or 14%, Short Sales-11 or 12%

Hollister-49 of which REO/Bank Owned-7 or 14%, Short Sales-10 or 20%

Pendings

San Benito County-175 of which REO/Bank Owned-16 or 9%

Hollister-137 of which REO/Bank Owned-11 or 8%, Short Sales-100 or 73%

Absorption Rate

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

Hollister-.36 months supply of inventory or 11-days

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Solds for the Week: 8

High: $435,000  All Cash, Traditional Sale

Low:  $181,000  All Cash, REO/Bank Owned

Full-Price/Over-Asking: 4 or 50%

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Sale Type

Traditional Sale: 4 or 50%

REO/Bank Owned: 2 or 25%

Short Sales: 2 or 25%

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Financing Type

All Cash: 3 or 37.5%

New Conv. 1st: 3 or 37.5%

FHA Loan: 2 or 25%

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