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

Solds for the Week of 03-08-14

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-86 of which REO/Bank Owned-1 or 1%, Short Sales-3 or 3%
Hollister-52 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-88 of which REO/Bank Owned-1 or 1%, Short Sales-22 or 25%
Hollister-62 of which REO/Bank Owned-1 or 2%, Short Sales-19 or 30%
Absorption Rate
San Benito County-.98 months supply of inventory or 29-days
Hollister-.84 months supply of inventory or 25-days
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Solds for the Week: 5
High: $569,000 Regular Sale, New Conv 1st
Low: $310,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 4 or 80%
Average DOM: 31-days
Average Square Footage: 1888sf
Average Price/Square Foot: $223.58/sf
Average Sales Price: $422,880
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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: 3 or 60%
FHA Loan: 1 or 20%
USDA Loan: 1 or 20%
All Cash: None
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