Hollister, San Benito County Real Estate Market Update for July 12, 2014

Solds for the Week of 07-12-14

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-113 of which REO/Bank Owned-4 or 4%, Short Sales-3 or 3%
Hollister-61 of which REO/Bank Owned-4 or 7%, Short Sales-2 or 3%
Pendings
San Benito County-92 of which REO/Bank Owned-3 or 3%, Short Sales-22 or 24%
Hollister-71 of which REO/Bank Owned-3 or 4%, Short Sales-19 or 27%
Absorption Rate
San Benito County-1.23 months supply of inventory or 37 days
Hollister-.86 months supply of inventory or 26 days
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Solds for the Week: 6
High: $470,000 Regular Sale, New 1st
Low:  $360,000 Regular Sale, USDA Loan
Full-Price or Over-Asking: 2 or 33%
Average Days on Market: 48 days
Average Square Footage: 1922 sf
Average Price/Square Foot: $220.64/sf
Average Sale Price: $419,900
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Sale Type
Regular Sale: 5 or 83%
Short Sales: 1 or 17%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 4 or 67%
FHA Loan: 1 or 16.5%
USDA Loan: 1 or 16.5%
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