Hollister, San Benito County Real Estate Market Update for July 28, 2012

Solds for the week of 07-28-12

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

Single Family Residential

_______________________________________________________

Actives

San Benito County-88 of which REO/Bank Owned-10 or 11%, Short Sales-13 or 15%

Hollister-42 of which REO/Bank Owned-5 or 12%, Short Sales-11 or 26%

Pendings

San Benito County-177 of which REO/Bank Owned-17 or 9%, Short Sales-117 or 66%

Hollister-139 of which REO/Bank Owned-12 or 9%, Short Sales-100 or 72%

Absorption Rate

San Benito County-.50 months supply of inventory or 15-days

Hollister-.30 months supply of inventory or 9-days

_______________________________________________________

Solds for the Week: 6

High: $409,000  Traditional Sale, New Conv. 1st

Low:  $244,000  Traditional Sale, FHA Loan

Full-Price/Over-Asking: 4 or 66%

_______________________________________________________

Sale Type

Traditional Sale: 5 or 83%

Short Sale: 1 or 17%

_______________________________________________________

Financing Type

New Conv 1st: 4 or 66%

FHA Loan: 2 or 33%

Enhanced by Zemanta