Hollister, San Benito County Real Estate Market Update for September 29, 2012

Solds for the Week of 09-29-12

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-84 of which REO/Bank Owned-4 or 5%, Short Sales-11 or 13%
Hollister-48 of which REO/Bank Owned-4 or 8%, Short Sales-8 or 17%
Pendings
San Benito County-174 of which REO/Bank Owned-19 or 11%, Short Sales-103 or 59%
Hollister-133 of which REO/Bank Owned-15 or 11%, Short Sales-83 or 62%
Absorption Rate
San Benito County-.48 months supply of inventory or 14.5 Days.
Hollister-.36 months supply of inventory or 11 Days.
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Solds for the Week: 12
High: $612,000 Traditional Sale, VA Loan
Low:  $212,199 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 9 or 75%
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Sale Type
Traditional Sale: 6 or 50%
Short Sales: 4 or 33%
REO/Bank Owned: 2 or 17%
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Financing Type
FHA Loan: 5 or 42%
New Conv 1st: 4 or 33%
USDA Loan: 2 or 17%
VA Loan: 1 or 8%
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