Hollister, San Benito County Real Estate Market Update for December 29, 2012

Solds For the Week of 12-29-12

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-57 of which REO/Bank Owned-4 or 7%, Short Sales-7 or 12%
Hollister-36 of which REO/Bank Owned-3 or 8%, Short Sales-4 or 11%
Pendings
San Benito County-135 of which REO/Bank Owned-10 or 7%, Short Sales-80 or 59%
Hollister-111 of which REO/Bank Owned-8 or 7%, Short Sales-69 or 62%
Absorption Rate
San Benito County-.42 months supply of inventory or 13-days
Hollister-.32 months supply of inventory or 10-days
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Solds for the Week: 10
High: $739,000 Traditional Sale, All Cash
Low:  $211,000 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking:7 or 70%
Average Sales Price: $375,670.00
Average Price/Square Foot: $223.49
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Sale Type
Traditional Sale: 6 or 60%
REO/Bank Owned: 2 or 20%
Short Sale: 2 or 20%
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Financing Type
New Conv 1st: 4 or 40%
FHA Loan: 2 or 20%
All Cash: 2 or 20%
VA Loan: 1 or 10%
Seller Financing: 1 or 10%
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