Hollister, San Benito County Real Estate Market Update for December 7, 2013

Solds for the Week of 12-07-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential 

________________________________________________________________
Actives
San Benito County-83 of which REO/Bank Owned-NONE, Short Sales-5 or 6%
Hollister-44 of which REO/Bank Owned-NONE, Short Sales-3 or 7%
Pendings
San Benito County-94 of which REO/Bank Owned-2 or 2%, Short Sales-34 or 36%
Hollister-74 of which REO/Bank Owned-2 or 3%, Short Sales-28 or 38%
Absorption Rate
San Benito County-.88 months supply of inventory or 26.5-days
Hollister-.59 months supply of inventory or 18-days
________________________________________________________________
Solds for the Week: 4
High: $589,800 Regular Sale, New Conv 1st
Low:  $240,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 1 or 25%
Average DOM: 29
Average Square Footage: 2100sf
Average Price/Square Foot: $204/sf
Average Sale Price: $416,200.00
________________________________________________________________
Sale Type
Regular Sale: 4 or 100%
REO/Bank Owned: NONE
Short Sales: None
________________________________________________________________
Financing Type
New Conv 1st: 3 or 75%
FHA Loan: 1 or 25%
All CASH: None
________________________________________________________________
Inventory remains low and no where near normal …
yet volume has retreated back to the numbers we
saw in the early spring…..
Enhanced by Zemanta