Hollister, San Benito County Real Estate Market Update for June 21st, 2014

Solds for the Week of 06-21-14

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-2 or 2%, Short Sales-1 or 1%
Hollister-43 of which REO/Bank Owned-2 or 5%, Short Sales-1 or 2%
Pendings
San Benito County-98 of which REO/Bank Owned-2 or 2%, Short Sales-20 or 20%
Hollister-77 of which REO/Bank Owned-2 or 3%, Short Sales-17 or 22%
Absorption Rate
San Benito County-.88 months supply of inventory or 26-days
Hollister-.56 months supply of inventory or 17-days
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Solds for the Week: 5
High: $810,000 Regular Sale, New Conv 1st
Low: $305,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 3 or 60%
Average DOM: 51-days
Average Square Footage: 2427sf
Average Price/Square Foot: $233.42/sf
Average Sale Price: $564,980.00
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Sale Type
Regular Sale: 5 or 100%
REO/Bank Owned: None
Short Sales: None
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Financing Type
New Conv 1st: 2 or 40%
FHA Loan: 2 or 40%
VA Loan: 1 or 20%
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Things that make ya go hummmmm…..
When walking through a new REO assignment for the first time
there are things that you just can’t un-see……