Hollister, San Benito County Real Estate Market Update for December 14, 2013

Solds for the Week of 12-14-13

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-None, Short Sales-8 or 9%
Hollister-56 of which REO/Bank Owned-None, Short Sales-6 or 11%
Pendings
San Benito County-96 of which REO/Bank Owned-2 or 2%, Short Sales-31 or 32%
Hollister-68 of which REO/Bank Owned-2 or 3%, Short Sales-24 or 35%
Absorption Rate
San Benito County-.95 months supply of inventory or 28-days
Hollister-.82 months supply of inventory or 25-days
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Solds for the Week: 5
High: $575,000 Regular Sale, New Conv 1st
Low:  $400,000 Short Sale, FHA Loan
Full-Price/Over-Asking Price: 1 or 20%
Average DOM: 48-days
Average Square Footage: 2909sf
Average Price/Square Foot: $166/sf
Average Sales Price: $448,960
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Sale Type
Regular Sales: 3 or 60%
Short Sales: 2 or 40%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 1 or 20%
All CASH: 1 or 20%
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