Hollister, San Benito County Real Estate Market Update for October 20, 2012

Solds for the Week of 10-20-12

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-82 of which REO/Bank Owned-4 or 5%, Short Sales-16 or 20%
Hollister-51 of which REO/Bank Owned-3 or 6%, Short Sales-13 or 25%
Pendings
San Benito County-175 of which REO/Bank Owned-18 or 10%, Short Sales-100 or 57%
Hollister-135 of which REO/Bank Owned-13 or 10%, Short Sales-83 or 61%
Absorption Rate
San Benito County-.47 months supply of inventory or 14-days
Hollister-.38 months supply of inventory or 11-days
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Solds for the Week: 8
High: $525,000 Regular Sale, All Cash
Low:  $147,000 Short Sale, New Conv 1st
Full-Price/Over-Asking: 5 or 62.5%
Median Sale Price: $290,500
Ave price/sf: $165/sf
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Sale Type
Regular Sale: 4 or 50%
Short Sale: 4 or 50%
REO/Bank Owned: 0
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Financing Type
All Cash: 4 or 50%
New Conv 1st: 3 or 37.5%
FHA Loan: 1 or 12.5%
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