Hollister, San Benito County Real Estate Market Update for October 25, 2014

Solds for the Week of 10-25-14

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

_______________________________
Actives
San Benito County-126 of which REO/Bank Owned-3 or 2%, Short Sales-3 or 2%
Hollister-64 of which REO/Bank Owned-1 or 1.5%, Short Sales-1 or 1.5%
Pendings
San Benito County-88 of which REO/Bank Owned-None, Short Sales-20 or 22%
Hollister-66 of which REO/Bank Owned-None, Short Sales-18 or 27%
Absorption Rate
San Benito County-1.43 months supply of inventory or 43-days
Hollister-.97 months supply of inventory or 29-days
_______________________________
Sale Type
Regular Sale: 8 or 100%
REO/Bank Owned: None
Short Sale: None
_______________________________
Financing Type
FHA Loan: 4 or 50%
New Conv 1st: 2 or 25%
VA Loan: 2 or 25%
_______________________________
Read somewhere this week that housing has a hangover….
certainly feels that way. By the numbers we should be
seeing brisk activity and we’re not.