Hollister, San Benito County Real Estate Market Update for September 8, 2012

Solds for the Week of 09-08-12

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-86 of which REO/Bank Owned-8 or 9%, Short Sales-11 or 13%
Hollister-46 of which REO/Bank Owned-6 or 13%, Short Sales-7 or 15%
Pendings
San Benito County-180 of which REO/Bank Owned-19 or 11%, Short Sales-109 or 61%
Hollister-140 of which REO/Bank Owned-15 or 11%, Short Sales-92 or 66%
Absorption Rate
San Benito County-.48 months supply of inventory or 14-Days
Hollister-.33 months supply of inventory or 10-Days
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Solds for the Week: 7
High: $475,000  REO/Bank Owned, New Conv 1st
Low:  $200,000  Short Sale, New Conv 1st
Full-Price/Over-Asking: 4 or 57%
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Sale Type
REO/Bank Owned: 3 or 43%
Short Sales: 2 or 28.5%
Traditional Sale: 2 or 28.5%
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Financing Type
New Conv 1st: 4 or 57%
FHA Loan: 3 or 43%
All CASH: 0
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