Hollister, San Benito County Real Estate Market Update for November 17, 2012

Solds for the Week of 11-17-12

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-77 of which REO/Bank Owned-6 or 8%, Short Sales-9 or 12%
Hollister-52 of which REO/Bank Owned-6 or 12%, Short Sales-8 or 15%
Pendings
San Benito County-166 of which REO/Bank Owned-13 or 9%, Short Sale-97 or 58%
Hollister-125 of which REO/Bank Owned-8 or 6%, Short Sale-78 or 62%
Absorption Rate
San Benito County-.46 months supply of inventory or 14-days
Hollister- .42 months supply of inventory or 12.5-days
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Solds for the Week: 6
High: $1,047,000 All Cash, Traditional Sale
Low:  $175,000   All Cash, Traditional Sale
Full-Price/Over-Asking: 2 or 33%
Average Price/Square Foot: $205
Average Sales Price: $608,417
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Sale Type
Traditional Sale: 4 or 67%
Short Sale: 2 or 33%
REO/Bank Owned: 0
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Financing Type
All Cash: 3 or 50%
New Conv 1st: 3 or 50%
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