Hollister, San Benito County Real Estate Market Update for October 19, 2013

Solds for the Week of 10-19-13

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-91 of which REO/Bank Owned-1 or 1%, Short Sales-2 or 2%
Hollister-53 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-87 of which REO/Bank Owned-4 or 5%, Short Sales-27 or 31%
Hollister-65 of which REO/Bank Owned-2 or 3%, Short Sales-23 or 35%
Absorption Rate
San Benito County-1.04 months supply of inventory or 31-days
Hollister-.81 months supply of inventory or 25-days
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Solds for the Week: 7
High: $725,000 New Conv 1st, Regular Sale
Low: $215,000 New Conv 1st, Regular Sale
Full-Price/Over-Asking: 3 or 43%
Average Day on Market: 15
Average Square Footage: 1716sf
Average Price/Square Foot: $231
Average Sales Price: $396,357
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Sale Type
Regular Sale: 6 or 86%
Short Sale: 1 or 14%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 5 or 71%
FHA Loan: 2 or 29%
CASH: None
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