Hollister, San Benito County Real Estate Market Update for September 21, 2013

Solds for the Week of 09-21-13

Single Family Residential

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)
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Actives
San Benito County-99 of which REO/Bank Owned-2 or 2%, Short Sales-6 or 6%
Hollister-59 of which REO/Bank Owned-1 or 2%, Short Sales-5 or 12%
Pendings
San Benito County-89 of which REO/Bank Owned-4 or 5%, Short Sales-27 or 30%
Hollister-72 of which REO/Bank Owned-1 or 2%, Short Sales-5 or 12%
Absorption Rate
San Benito County-1.11 months supply of inventory or 33-days
Hollister-.82 months supply of inventory or 25-days
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Solds for the Week: 4
High: $550,000 Traditional Sale, New Conv 1st
Low:  $350,000 Traditional Sale, VA Loan
Full-Price/Over-Asking: 2 or 50%
Average Square Footage: 2193sf
Average Price/Square Foot: $197/sf
Average Sales Price: $421,250.00
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Sale Type
Traditional Sale: 4 or 100%
REO/Bank Owned: None
Short Sales: None
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Financing Type
New Conv 1st: 2 or 50%
VA Loan: 2 or 50%
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Slow and steady as she goes…….
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