Hollister, San Benito County Real Estate Market Update for December 8, 2012

Solds for the Week of 12-08-12

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-64 of which REO/Bank Owned-5 or 8%, Short Sales-5 or 8%
Hollister-41 of which REO/Bank Owned-3 or 7%, Short Sales-5 or 12%
Pendings
San Benito County-161 of which REO/Bank Owned-14 or 9%, Short Sales-92 or 57%
Hollister-125 of which REO/Bank Owned-10 or 8%, Short Sales-73 or 58%
Absorption Rate
San Benito County-.40 months supply of inventory or 12-days
Hollister-.33 months supply of inventory or 10-days
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Solds for the Week: 7
High: $489,500 Regular Sale, New Conv 1st
Low:  $165,700 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 6 or 86%
Average Price/Square Foot: $167
Average Sale Price: $334,171
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Sale Type
Traditional Sale: 3 or 43%
REO/Bank Owned: 2 or 28.5%
Short Sales: 2 or 28.5%
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Financing Type
New Conv 1st: 4 or 57%
All CASH: 3 or 43%
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