Hollister, San Benito County Real Estate Market Update for August 4th, 2012

Solds for the Week of 08-04-12

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

Single Family Residential

___________________________________________________________

Actives

San Benito County-91 of which REO/Bank Owned-14 or 15%, Short Sales-12 or 13%

Hollister-43 of which REO/Bank Owned-9 or 21%, Short Sales-10 or 23%

Pendings

San Benito County-175 of which REO/Bank Owned-18 or 10%, Short Sales-117 or 67%

Hollister-141 of which REO/Bank Owned-13 or 9%, Short Sales-101 or 72%

Aborption Rate

San Benito County-.52 months supply of inventory or 16-days

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

___________________________________________________________

Solds for the Week: 8

High: $510,000 Short Sale, All Cash

Low:  $160,000 Traditional Sale, New Conv. 1st

Full-Price/Over-Asking: 5 or 62.5%

___________________________________________________________

Sale Type

Traditional Sale: 4 or 50%

Short Sale: 4 or 50%

REO/Bank Owned: None~first time in years!!!

___________________________________________________________

Financing Type

All Cash: 3 or 37.5%

New Conv 1st: 37.5%

FHA Loan: 1 or 12.5%

USDA Loan: 1 or 12.5%

Enhanced by Zemanta