Hollister, San Benito County Real Estate Market Update for December 1, 2012

Solds for the Week of 12-01-12

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-66 of which REO/Bank Owned-3 or 5%, Short Sales-5 or 8%
Hollister-44 of which REO/Bank Owned-2 or 5%, Short Sales-5 or 11%
Pendings
San Benito County-172 of which REO/Bank Owned-16 or 9%, Short Sales-97 or 56%
Hollister-135 or which REO/Bank Owned-12 or 9%, Short Sales-78 or 58%
Absorption Rate
San Benito County-.38 months supply of inventory or 11.5-days
Hollister-.33 months supply of inventory or 10-days
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Solds for the Week: 6
High: $782,500 Traditional Sale, All Cash
Low:  $243,000, Traditional Sale, FHA Loan
Full-Price/Over-Asking: 2 or 33%
Average Price/Square Foot: $238
Average Sale Price: $398,083
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Sale Type
Traditional Sale: 5 or 83%
Short Sale: 1 or 17%
REO/Bank Owned: 0
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Financing Type
All Cash: 2 or 33%
FHA Loan: 2 or 33%
New Conv 1st: 1 or 17%
VA Loan: 1 or 17%
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