Hollister, San Benito County Real Estate Market Update for March 23, 2013

Solds for the Week of 03-23-13

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-56 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Hollister-36 of which REO/Bank Owned-0, Short Sales-1 or 3%
Pendings
San Benito County-138 of which REO/Bank Owned-11 or 8%, Short Sales-66 or 48%
Hollister-110 of which REO/Bank Owned-8 or 7%, Short Sales-59 or 54%
Absorption Rate
San Benito County-.41 months supply of inventory or 12-Days
Hollister-.33 months supply of inventory or 10-Days
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Solds for the Week: 8
High: $750,000 Traditional Sale, FHA Loan
Low:  $190,000 Short Sale, All Cash
Full-Price/Over-Asking: 5 or 63%
Average Price/Square Foot: $164.14
Average Square Footage: 2344sf
Average Sales Price: $397.048.00
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Sale Type
Short Sales: 4 or 50%
Traditional Sale: 3 or 37.5%
REO/Bank Owned: 1 or 12.5%
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Financing Type
FHA Loan: 4 or 50%
All Cash: 2 or 25%
New Conv 1st: 1 or 12.5%
VA Loan: 1 or 12.5%
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