Hollister, San Benito County Real Estate Market Update for February 8th, 2014

Solds for the Week of 02-08-14

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-75 of which REO/Bank Owned-2 or 3%, Short Sales-3 or 4%

 

Hollister-44 of which REO/Bank Owned-2 or 5%, Short Sales-2 or 5%

Pendings
San Benito County-89 of which REO/Bank Owned-None, Short Sales-24 or 27%
Hollister-67 of which REO/Bank Owned-None, Short Sales-19 or 28%
Absorption Rate
San Benito County-.84 months supply of inventory or 25-days
Hollister-.65 months supply of inventory or 20-days
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Solds for the Week: 5
High: $685,900 Regular Sale, New Conv 1st
Low:  $399,000 Regular Sale, VA Loan
Full-Price/Over-Asking: 4 or 80%
Average DOM: 61-days
Average Square Footage: 2178sf
Average Price/Square Foot: $246.29/sf
Average Sales Price: $537,148.00
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Sale Type
Traditional Sale:4 or 80%
Short Sale: 1 or 20%
REO/Bank Owneds: None
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Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 1 or 20%
VA Loan: 1 or 20%
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Seller’s where are you?
Multiple offer’s are making a come back if you get the price right!
No multiple offer’s….you didn’t get the price right 
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