Hollister, San Benito County Real Estate Market Update for December 21, 2013

Solds for the Week of 12-21-13

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-None, Short Sales-7 or 8%
Hollister-53 of which REO/Bank Owned-None, Short Sales-5 or 9%
Pendings
San Benito County-95 of which REO/Bank Owned-2 or 2%, Short Sales-31 or 33%
Hollister-68 of which REO/Bank Owned-2 or 3%, Short Sales-25 or 37%
Absorption Rate
San Benito County-.92 months supply of inventory or 27.5-days
Hollister-.78 months supply of inventory or 23-days
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Solds for the Week: 12
High: $850,000 Regular Sale, New Conv 1st
Low:  $310,000 Regular Sale, FHA Loan
Full-Price/Over Asking: 7 or 58%
Average DOM: 45-days
Average Square Footage: 2090sf
Average Price/Square Foot: $222.41/sf
Average Sale Price: $458,233.00
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Sale Type
Regular Sale: 11 or 92%
Short Sale: 1 or 8%
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Financing Type
New Conv 1st: 7 or 58%
FHA Loan: 4 or 34%
USDA Loan: 1 or 8%
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Pretty big week for Solds as everyone pushes to get
the deal done before the holidays!
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