Hollister, San Benito County Real Estate Market Update for April 20th, 2013

Solds for the Week of 04-20-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

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Active
San Benito County-67 of which REO/Bank Owned-3 or 4%, Short Sales-3 or 4%
Hollister-42 of which REO/Bank Owned-none, Short Sales-3 or 7%
Pending
San Benito County-138 of which REO/Bank Owned-5 or 4%, Short Sales-64 or 46%
Hollister-110 of which REO/Bank Owned-5 or 5%, Short Sales-55 or 50%
Absorption Rate
San Benito County-.49 months supply of inventory or 15-days
Hollister-.38 months supply of inventory or 11-days
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Solds for the Week: 11
High: $625,000 Traditional Sale, All Cash
Low:  $225,000 Traditional Sale, New Conv 1st
Full-Price/Over-Asking: 7 or 64%
Average Sales Price: $352,591
Average Price/Square Foot: $209.10
Average Square Footage: 1710sf
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Sale Type
Traditional Sale: 9 or 82%
REO/Bank Owned: 1 or 9%
Short Sales: 1 or 9%
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Financing Type
New Conv 1st: 3 or 27%
FHA Loan: 3 or 27%
All Cash: 3 or 27%
USDA Loan: 1 or 19%
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