Hollister, San Benito County Real Estate Market Update for May 17th, 2014

Solds for the Week of 05-17-14

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-98 of which REO/Bank Owned-2 or 2%, Short Sales-3 or 3%
Hollister-55 of which REO/Bank Owned-2 or 4%, Short Sales-3 or 5%
Pendings
San Benito County-92 of which REO/Bank Owned-1 or 1%, Short Sales-21 or 23%
Hollister-70 of which REO/Bank Owned-1 or 1%, Short Sales-19 or 27%
Absorption Rate
San Benito County-1.06 months supply of inventory or 32-days
Hollister-.79 months supply of inventory or 24-days
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Solds for the Week: 11
High: $915,000 Regular Sale, All CASH!
Low: $300,000 Regular Sale, FHA Loan

Full-Price/Over-Asking: 7 or 64%
Average DOM: 69-days
Average Square Footage: 2032sf
Average Price/Square Foot: $239.72/sf
Average Sale Price: $466,455
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Sale Type
Regular Sale: 10 or 91%
Short Sales: 1 or 9%
REO/Bank Owned: None
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Financing Type
FHA Loan: 4 or 37%
New Conv 1st: 3 or 27%
VA Loan: 2 or 18%
All CASH: 1 or 9%
USDA Loan: 1 or 9%
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