Hollister, San Benito County Real Estate Market Update for October 26, 2013

Solds for the Week of 10-26-13

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-91 of which REO/Bank Owned-1 or 1%, Short Sales-3 or 3%
Hollister-52 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-67 of which REO/Bank Owned-2 or 30%, Short Sales-23 or 34%
Absorption Rate
San Benito County-1.04 months supply of inventory or 31-days
Hollister-.78 months supply of inventory or 23-days
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Solds for the Week: 5
High: $685,000 VA Loan, Regular Sale
Low:  $420,000 New Conv 1st, Regular Sale
Full-Price/Over-Asking: 3 or 60%
Average DOM: 28
Average Square Footage: 2456sf
Average Price/Square Foot: $207/sf
Average Sale Price: $507,000
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Sale Type
Regular Sale: 5 or 100%
Short Sales: None
REO/Bank Owned: None
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Financing Type
New Conv 1st: 4 or 80%
VA Loan: 1 or 20%
FHA Loan: None
All Cash: None
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