Hollister, San Benito County Real Estate Market Update for May 3rd, 2014

Solds for the Week of 05-03-14

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-95 of which REO/Bank Owned-1 or 1%, Short Sales-2 or 2%
Hollister-53 of which REO/Bank Owned-1 or 1%, Short Sales-2 or 4%
Pendings
San Benito County-88 of which REO/Bank Owned-2 or 2%, Short Sales-20 or 23%
Hollister-70 of which REO/Bank Owned-2 or 3%, Short Sales-18 or 26%
Absorption Rate
San Benito County-1.1 months supply of inventory or 32-days
Hollister-.75 month supply of inventory or 23-days
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Solds for the Week: 13
High: $879,950 Regular Sale, New Conv 1st
Low:  $315,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 4 or 30%
Average DOM: 38-days
Average Square Footage: 2185sf
Average Price/Square Foot: $233.33/sf
Average Sale Price: $491.03/sf
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Sale Type
Regular Sale: 13 or 100%
REO/Bank Owned: None
Short Sales: None
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Financing Type
New Conv 1st: 6 or 46%
All Cash: 3 or 23%
FHA Loan: 2 or 15%
VA Loan: 1 or 8%
USDA Loan: 1 or 8%
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