Hollister, San Benito County Real Estate Market Update for May 4th, 2013

Solds for the Week of 05-04-13

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-61 of which REO/Bank Owned:NONE, Short Sales: 3 or 5%
Hollister-39 of which REO/Bank Owned:NONE, Short Sales: 3 or 8%
Pendings:
San Benito County-136 of which REO/Bank Owned-8 or 6%, Short Sales-61 or 45%
Hollister-105 of which REO/Bank Owned-5 or 5%, Short Sales-52 or 50%
Absorption Rate:
San Benito County-.45 months supply of inventory or 13.5-Days
Hollister-.37 months supply of inventory or 11-Days
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Solds for the Week: 10
HIgh: $815,000, Regular Sale, New Conv 1st
Low:  $255,000, Regular Sale, New Conv 1st
Full-Price/Over-Asking: 8 or 80%
Average Square Footage: 2063sf
Average Price/Square Foot: $183.80
Average Sale Price: $359,900
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Sale Type:
Traditional Sale-6 or 60%
Short Sales: 4 or 40%
REO/Bank Owned: None
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Financing Type:
New Conv 1st-6 or 60%
All CASH-3 or 30%
FHA Loan-1 or 10%
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Another week where we see no Active REO/Bank Owned properties on the market!
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