Hollister, San Benito County Real Estate Market Update for December 22, 2012

Solds for the Week of 12-22-12

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-4 or 6%, Short Sales-6 or 9%
Hollister-41 of which REO/Bank Owned-3 or 7%, Short Sales-3 or 7%
Pendings
San Benito County-140 or which REO/Bank Owned-11 or 8%, Short Sales-83 or 59%
Hollister-113 of which REO/Bank Owned-9 or 8%, Short Sales-71 or 63%
Absorption Rate
San Benito County-.46 months supply of inventory or 14-days
Hollister-.36 months supply of inventory or 11-days
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Solds for the Week: 5
High: $442,750 REO/Bank Owned, New Conv 1st
Low:  $190,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 3 or 60%
Average Price/Square Foot: $187
Average Sales Price: $332,340
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Sale Type
REO/Bank Owned: 2 or 40%
Traditional Sale: 2 or 40%
Short Sale: 1 or 20%
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Financing Type
New Conv 1st: 2 or 40%
FHA Loan: 2 or 40%
All Cash: 1 or 20%
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