Hollister, San Benito County Real Estate Market Update for August 2, 2014

Solds for the Week of 08-02-14

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-111 of which REO/Bank Owned-1 or 1%, Short Sales-4 or 4%
Hollister-57 of which REO/Bank Owned-1 or 2%, Short Sales-3 or 5%
Pendings
San Benito County-93 of which REO/Bank Owned-2 or 2%, Short Sales-22 or 24%
Hollister-70 of which REO/Bank Owned-2 or 3%, Short Sales-20 or 29%
Absorption Rate
San Benito County-.84 months supply of inventory or 25-days
Hollister-1.23 months supply of inventory or 37-days
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Solds for the Week: 4
High: $440,000 Regular Sale, FHA Loan
Low:  $275,000 Regular Sale, All CASH
Full-Price/Over-Asking: 3 or 75%
Average DOM: 29-days
Average Square Footage: 1540sf
Average Price/Square Foot: $243.96/sf
Average Sale Price: $348,750
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Sale Type
Regular Sale:3 or 75%
REO/Bank Owned: 1 or 25%
Short Sales: None
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Financing Type
New Conv 1st: 2 or 50%
FHA Loan: 1 or 25%
All CASH: 1 or 25%
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