Hollister, San Benito County Real Estate Market Update for August 16th, 2014

Solds for the Week of 08-16-14

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-115 of which REO/Bank Owned-None, Short Sales-6 or 5%
Hollister-53 of which REO/Bank Owned-None, Short Sales-4 or 8%
Pendings
San Benito County-89 of which REO/Bank Owned-2 or 2%, Short Sales-19 or 21%
Hollister-67 of which REO/Bank Owned-2 or 3%, Short Sales-18 or 27%
Absorption Rate
San Benito County-1.29 month supply of inventory or 39-days
Hollister-.79 months supply of inventory or 24-days
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Solds for the Week: 10
High: $615,000 Regular Sale, All Cash
Low: $265,000 Regular Sale, USDA Loan
Full-Price/Over-Asking: 5 or 50%
Average DOM: 32-days
Average Square Footage: 2003sf
Average Price/Square Foot: $203.45/sf
Average Sale Price: $393,380
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Sale Type
Regular Sale: 8 or 80%
REO/Bank Owned: 1 or 10%
Short Sales: 1 or 10%
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Financing Type
New Conv 1st: 4 or 40%
USDA Loan: 3 or 30%
All CASH: 2 or 20%
FHA Loan: 1 or 10%
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