Hollister, San Benito County Real Estate Market Update for February 01,2014

Solds for the Week of 02-01-14

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

 

Single Family Residential

___________________________________
Actives
San Benito County-74 of which REO/Bank Owned-1 or 1%, Short Sales-3 or 4%
Hollister-38 of which REO/Bank Owned-1 or 3%, Short Sales-1 or 3%
Pendings
San Benito County-87 of which REO/Bank Owned-None, Short Sales-28 or 32%
Hollister-66 of which REO/Bank Owned-None, Short Sales-23 or 35%
Absorption Rate
San Benito County-.85 months supply of inventory or 26-days
Hollister-.56 months supply of inventory or 17-days
__________________________________
Solds for the Week: 8
High: $393,000 Regular Sale, All Cash
Low:  $200,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 6 or 75%
Average DOM: 21 days
Average Square Footage: 1347sf
Average Price/Square Foot: $235.31/sf
Average Sales Price: $313,500
__________________________________
Sale Type
Regular Sale: 7 or 87.5%
Short Sale: 1 or 12.5%
__________________________________
Financing Type
New Conv 1st: 3 or 37.5%
All Cash: 2 or 25%
FHA Loan: 2 or 25%
VA Loan: 1 or 12.5%
_________________________________
The inventory has been low for years now but this is
really, really low!!!! Calling all Seller’s…NOW would be
a good time. 
Enhanced by Zemanta