Hollister, San Benito County Real Estate Market Update for November 16, 2013

Solds for the Week of 11-16-13

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-87 of which REO/Bank Owned-1 or 2%, Short Sales-8 or 9%
Hollister-53 of which REO/Bank Owned-1 or 2%, Short Sales-7 or 13%
Pendings
San Benito County-93 of which REO/Bank Owned-2 or 2%, Short Sales-31 or 33%
Hollister-69 of which REO/Bank Owned-1 or 1%, Short Sales-25 or 36%
Absorption Rate
San Benito County-.94 months supply of inventory or 28-days
Hollister-.77 months supply of inventory or 23-days
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Solds for the Week: 3
High: $629,900 VA Loan, Regular Sale
Low:  $330,000 New Conv 1st, REO/Bank Owned
Full-Price/Over-Asking: 3 or 100%
Average DOM: 13-days
Average Square Footage: 2076/sf
Average Price/Square Foot: $230.79/sf
Average Sales Price: $486,300
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Sale Type
Traditional Sale: 2 or 66.6%
REO/Bank Owned: 1 or 33.3%
Short Sales: None
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Financing Type
New Conv 1st: 1 or 33.3%
FHA Loan: 1 or 33.3%
VA Loan: 1 or 33.3%
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