Hollister, San Benito County Real Estate Market Update for September 22, 2012

Solds for the Week of 09-22-12

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-83 of which REO/Bank Owned-4 or 5%, Short Sales-11 or 13%
Hollister-45 of which REO/Bank Owned-4 or 9%, Short Sales-7 or 16%
Pendings
San Benito County-183 of which REO/Bank Owned-21 or 12%, Short Sales-108 or 59%
Hollister-139 of which REO/Bank Owned-16 or 12%, Short Sales-88 or 63%
Absorption Rate
San Benito County-.45 months supply of inventory or 14-Days
Hollister-.32 months supply of inventory or 10-Days
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Solds for the Week: 7
High: $410,000 Traditonal Sale, FHA Loan
Low:   $77,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 3 or 43%
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Sale Type
Tradition Sale: 4 or 57%
Short Sale: 2 or 29%
REO/Bank Owned: 1 or 14%
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Financing Type
FHA Loan: 3 or 43%
New Conv 1st: 2 or 29%
USDA Loan: 1 or 14%
All CASH: 1 or 14%
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