Hollister, San Benito County Real Estate Market Update for May 18, 2013

Solds for the Week of 05-18-13

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-65 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Hollister-38 of which REO/Bank Owned-1 or 3%, Short Sales-2 or 5%
Pendings
San Benito County-133 of which REO/Bank Owned-6 or 5%, Short Sales-65 or 49%
Hollister-103 of which REO/Bank Owned-3 or 3%, Short Sales-55 or 53%
Absorption Rate
San Benito County-.49 months supply of inventory or 15-days
Hollister-.37 month supply of inventory or 11-days
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Solds for the Week: 11
High: $459,000 New Conv 1st, Regular Sale
Low:  $290,000 New Conv 1st, Regular Sale
Full-Price/Over-Asking: 10 or 90%
Average List Price: $359,741.00
Average Sale Price: $371,748.00
Average Square Footage: 2086sf
Average Price/Sq Ft: $179.94
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Sale Type
Regular Sale: 8 or 73%
Short Sale: 2 or 18%
REO/Bank Owned: 1 or 9%
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Financing Type
New Conv 1st: 5 or 45%
FHA Loan: 3 or 27%
All Cash: 2 or 18%
VA Loan: 9%
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