Hollister, San Benito County Real Estate Market Update for October 4th, 2014

Solds for the Week of 10-04-14

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-120 of which REO/Bank Owned-2 or 2%, Short Sales-5 or 4%
Hollister-60 of which REO/Bank Owned-1 or 2%, Short Sales-3 or 5%
Pendings
San Benito County-92 of which REO/Bank Owned-None, Short Sales-23 or 25%
Hollister-70 of which REO/Bank Owned-None, Short Sales-21 or 30%
Absorption Rate
San Benito County-1.30 months supply of inventory or 39-days
Hollister-.86 months supply of inventory or 26-days
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Solds for the Week: 7
High: $619,900 Regular Sale, New Conv 1st
Low:  $270,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 4 or 57%
Average DOM: 31-days
Average Square Footage: 2078sf
Average Price/Square Foot: $227.47/sf
Average Sale Price: $453,257
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Sale Type
Regular Sale: 6 or 86%
REO/Bank Owned:1 or 14%
Short Sales: None
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Financing Type
New Conv 1st: 3 or 43%
FHA Loan: 2 or 29%
USDA Loan: 2 or 29%
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