Hollister, San Benito County Real Estate Market Update for December 15th, 2012

Solds for the Week of 12-15-12

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-60 of which REO/Bank Owned-7 or 12%, Short Sales-3 or 5%
Hollister-37 of which REO/Bank Owned-5 or 14%, Short Sales-1 or 3%
Pendings
San Benito County-152 of which REO/Bank Owned-11 or 7%, Short Sales-90 or 59%
Hollister-121 of which REO/Bank Owned-8 or 7%, Short Sale-76 or 63%
Absorption Rate
San Benito County-.39 months supply of inventory or 12-days
Hollister-.31 months supply of inventory or 9-days
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Solds for the Week: 12
High: $625,000 Regular Sale, All CASH
Low:  $226,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 3 or 25%
Average Price/Square Foot: $183.50
Average Sales Price: $401,825.00
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Sale Type
Regular Sale: 8 or 67%
Short Sale: 4 or 33%
REO/Bank Owned: None
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Financing Type
New Conv. 1st: 4 or 42%
FHA Loan: 4 or 42%
All CASH: 1 or 8%
USDA Loan: 1 or 8%
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