Hollister, San Benito County Real Estate Market Update for August 18, 2012

Single Family Residential 

______________________________________________________________

Actives
San Benito County-93 of which REO/Bank Owned-9 or 10%, Short Sales-14 or 15%
Hollister-43 of which REO/Bank Owned-7 or 16%, Short Sales-7 or 16%
Pendings
San Benito County-184 of which REO/Bank Owned-23 or 13%, Short Sales-116 or 63%
Hollister-145 of which REO/Bank Owned-17 or 12%, Short Sales-102 or 70%
Absorption Rate
San Benito County-.51 months supply of inventory or 15-Days
Hollister-.30 months supply of inventory or 9-Days
______________________________________________________________
Solds for the Week: 5
High: $459,900 Regular Sale, New Conv 1st
Low:  $189,000 Short Sale, New Conv 1st
Full-Price/Over-Asking: 3 or 60%
______________________________________________________________
Sale Type
Traditional Sale: 2 or 40%
Short Sale: 2 or 40%
REO/Bank Owned: 1 or 20%
______________________________________________________________
Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 1 or 20%
All CASH: 1 or 20%
______________________________________________________________