Hollister, San Benito County Real Estate Market Update for March 9, 2013

Solds for the Week of 03-09-13

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-49 of which REO/Bank Owned-2 or 4%, Short Sales-4 or 8%
Hollister-24 of which REO/Bank Owned-None, Short Sales-3 or 12%
Pendings
San Benito County-134 of which REO/Bank Owned-6 or 4%, Short Sales-70 or 52%
Hollister-112 of which REO/Bank Owned-5 or 4%, Short Sales-63 or 56%
Absorption Rate
San Benito County-.36 months supply of inventory or 11-Days
Hollister-.21 months supply of inventory or 6-Days
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Solds for the Week: 9
High: $499,000 Traditional Sale, All CASH
Low:  $235,000 Traditional Sale, New Conv. 1st
Full-Price/Over-Asking Price: 5 or 55%
Average Sales Price: $377,400
Average Price/Square Foot: $175
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Sale Type
Traditional Sale: 6 or 66%
Short Sale: 2 or 22%
REO/Bank Owned: 1 or 11%
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Financing Type

New Conv 1st: 5 or 55%
All CASH: 2 or 22%
FHA Loan: 1 or 11%
VA Loan: 1 or 11%
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Things that make ya go hummmm….
Of the 49 properties on the market for San Benito County only 16 or 32% are listed under $500,000
Of the 24 properties on the market for Hollister only 6 or 25% are listed under $500,000
Oh my!
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