Hollister, San Benito County Real Estate Market Update for January 5th, 2013

Solds for the Week of 01-05-13

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-55 of which REO/Bank Owned-2 or 4%, Short Sales-5 or 9%
Hollister-33 of which REO/Bank Owned-1 or 3%, Short Sales-4 or 12%
Pendings
San Benito County-135 of which REO/Bank Owned-11 or 8%, Short Sales-79 or 59%
Hollister-117 of which REO/Bank Owned-11 or 9%, Short Sales-69 or 59%
Absorption Rate
San Benito County-.40 months supply of inventory or 12-days
Hollister-.28 months supply of inventory or 8.4-days
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Solds for the Week: 2
High: $809,000 New Conv 1st, Traditional Sale
Low:  $243,000 New Conv 1st, Short Sale
Full-Price/Over-Asking: 1 or 50%
Ave. Price/Square Foot: $166
Ave. Sales Price: $526,000
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Sale Type
Traditional Sale: 1 or 50%
Short Sale: 1 or 50%
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Don’t EVER remember the inventory being this low…not even during the run-up of the market!
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