Hollister, San Benito County Real Estate Market Update for August 25, 2012

Solds for the Week of 08-25-12

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-99 of which REO/Bank Owned-7 or 7%, Short Sales-17 or 17%
Hollister-48 of which REO/Bank Owned-6 or 12%, Short Sales-10 or 21%
Pendings
San Benito County-182 of which REO/Bank Owned-23 or 13%, Short Sales-110 or 60%
Hollister-144 of which REO/Bank Owned-17 or 12%, Short Sales-96 or 67%
Absorption Rate
San Benito County-.54 months supply of inventory or 16-days
Hollister-.33 months supply of inventory or 10-days
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Solds for the Week: 11
High: $515,000 REO/Bank Owned, New Conv 1st
Low:  $220,000 Short Sale, USDA Loan
Full-Price/Over-Asking: 5 or 45%
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Sale Type
Short Sales-5 or 45%
Traditional Sales-4 or 36%
REO/Bank Owned-2 or 19%
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Financing Type
New Conv 1st-6 or 55%
USDA Loan-2 or 18%
VA Loan-2 or 18%
FHA Loan-1 or 9%
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