Hollister, San Benito County Real Estate Market Update for November 10, 2012

Solds for the Week of 11-10-12

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-81 of which REO/Bank Owned-9 or 11%, Short Sales-11 or 14%
Hollister-53 of which REO/Bank Owned-8 or 15%, Short Sales-9 or 17%
Pendings
San Benito County-162 of which REO/Bank Owned-10 or 6%, Short Sales-97 or 60%
Hollister-121 of which REO/Bank Owned-6 or 5%, Short Sales-79 or 65%
Absorption Rate
San Benito County-.5 months supply of inventory or 15-days
Hollister-.43 months supply of inventory or 13-days
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Solds for the Week: 12
High: $595,000 Short Sale, All Cash
Low:  $125,000 Traditional Sale, All Cash
Full-Price/Over-Asking: 7 or 58%
Average Price/Square Foot: $173
Average Sales Price: $376,992
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Sale Type
Traditional Sale: 10 or 83%
Short Sale: 2 or 17%
REO/Short Sale: None
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Financing Type
New Conv 1st: 5 or 42%
FHA Loan: 3 or 25%
All Cash: 3 or 25%
VA Loan: 1 or 8%
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