Hollister, San Benito County Real Estate Market Update for December 28th, 2013

Solds for the Week of 12-28-13

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-84 of which REO/Bank Owned-None, Short Sales-7 or 8%
Hollister-47 of which REO/Bank Owned-None, Short Sales-5 or 11%
Pendings
San Benito County-97 of which REO/Bank Owned-2 or 2%, Short Sales-31 or 32%
Hollister-71 of which REO/Bank Owned-2 or 3%, Short Sales-25 or 35%
Absorption Rate
San Benito County-.87 months supply of inventory or 26-days
Hollister-.66 months supply of inventory or 19-days
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Solds for the Week: 5
High: $500,000 Regular Sale, New Conv 1st
Low:  $310,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 3 or 60%
Average DOM: 33-days
Average Square Footage: 1942sf
Average Price/Square Foot: $215.51/sf
Average Sales Price: $400,400
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Sale Type
Regular Sale: 4 or 80%
Short Sale: 1 or 20%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 2 or 40%
FHA Loan: 2 or 40%
VA Loan: 1 or 20%
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