Hollister, San Benito County Real Estate Market Update for August 10, 2013

Solds for the Week of 08-10-13

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-85 of which REO/Bank Owned-3 or 4%, Short Sales-5 or 6%
Hollister-55 of which REO/Bank Owned-3 or 5%, Short Sales-4 or 7%
Pendings
San Benito County-103 of which REO/Bank Owned-1 or 1%, Short Sales-38 or 37%
Hollister-81 of which REO/Bank Owned-None, Short Sales-32 or 40%
Aborption Rate
San Benito County-.82 months supply of inventory or 25-days
Hollister-.67 months supply of inventory or 21-days
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Solds for the Week: 7
High: $510,000 REO/Bank Owned, New Conv. 1st
Low:  $380,000 Traditional Sale/Flip, FHA Loan
Full-Price/Over-Asking: 6 or 86%
Average Square Footage: 1979sf
Average Price/Square Foot: $210/sf
Average Sales Price: $408,571.00
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Sale Type
Traditional Sale: 6 or 86%
REO/Bank Owned: 1 or 14%
Short Sales: None
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Financing Type
New Conv 1st: 3 or 43%
FHA Loan: 2 or 29%
VA Loan: 1 or 14%
USDA Loan: 1 or 14%
All CASH: None
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