Hollister, San Benito County Real Estate Market Update for January 25th, 2014

Solds for the Week of 01-25-14

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-79 of which REO/Bank Owned-None, Short Sales-2 or 3%
Hollister–40 of which REO/Bank Owned-None, Short Sales-1 or 3%
Pendings
San Benito County-90 of which REO/Bank Owned-None, Short Sales-31 or 34%
Hollister-72 of which REO/Bank Owned-None, Short Sales-25 or 35%
Absorption Rate
San Benito County-.88 months supply of inventory or 26-days
Hollister-.56 months supply of inventory or 17-days
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Solds for the Week: 6
High: $689,000 Regular Sale, VA Loan
Low:  $419,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 1 or 17%
Average DOM: 66 days
Average Square Footage: 2418sf
Average Price/Square Foot: $212.76/sf
Average Sales Price: $495,817.00
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Sale Type
Regular Sale: 6 or 100%
REO/Bank Owned: None
Short Sale: None
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Financing Type
New Conv 1st: 4 or 66%
FHA Loan: 1 or 17%
VA Loan: 1 or 17%
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Wow! Inventory seems to be shrinking for the moment.
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