Hollister, San Benito County Real Estate Market Update for 02-22-14

Solds for the Week of 02-22-2014

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-78 of which REO/Bank Owned-2 or 3%, Short Sales-4 or 5%
Hollister-48 of which REO/Bank Owned-2 or 4%, Short Sales-2 or 4%
Pendings
San Benito County-87 of which REO/Bank Owned-None, Short Sales-24 or 28%
Hollister-63 of which REO/Bank Owned-None, Short Sales-20 or 32%
Absorption Rate
San Benito County-.90 months supply of inventory or 27-days
Hollister-.76 months supply of inventory or 23-days
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Solds for the Week: 7
High: $745,000 Regular Sale, Conv 1st
Low:  $350,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 3 or 43%
Average DOM: 85-days
Average Square Footage: 2201sf
Average Price/Square Foot: $243.96/sf
Average Sale Price: $510,714.00
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Sale Type
Regular Sale: 7 or 100%
REO/Bank Owned: None
Short Sales: None
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Financing Type
New Conv 1st: 4 or 57%
All CASH: 2 or 29%
FHA Loan: 1 or 14%
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Wow! Congratulations to Tammy for this week
single-handedly commandeering the market share.
43% of the Sold Listings and 36% of the total sides!!!
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