Hollister, San Benito County Real Estate Market Update for August 3, 2013

Solds for the Week of 08-03-13

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-82 of which REO/Bank Owned-4 or 5%, Short Sales-2 or 2%
Hollister-54 of which REO/Bank Owned-3 or 6%, Short Sales-2 or 4%
Pendings
San Benito County-95 of which REO/Bank Owned-1 or 1%, Short Sales-40 or 42%
Hollister-76 of which REO/Bank Owned-None, Short Sales-35 or 46%
Absorption Rate
San Benito County-.86 months supply of inventory or 26-days
Hollister-.71 months supply of inventory or 21-days
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Solds for the Week: 7
High: $535,000 New Conv 1st, Short Sale
Low:  $283,000 USDA Loan, Short Sale
Full-Price/Over-Asking: 5 or 72%
Average Square Footage: 1988sf
Average Price/Square Foot: $199.58
Average Sales Price: $379,143.00
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Sale Type
Traditional Sale: 4 or 57%
Short Sale: 3 or 43%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 5 or 72%
USDA Loan: 1 or 14%
VA Loan: 1 or 14%
FHA Loan: None
All Cash: None
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The cooling continues….

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