Hollister, San Benito County Real Estate Market Update for November 1, 2014

Solds for the Week of 11-01-14

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-133 of which REO/Bank Owned-3 or 2%, Short Sales-5 or 4%
Hollister-72 of which REO/Bank Owned-1 or 1.5%, Short Sales-2 or 3%
Pendings
San Benito County-76 of which REO/Bank Owned-None, Short Sales-18 or 24%
Hollister-55 of which REO/Bank Owned-None, Short Sales-16 or 29%
Absorption Rate
San Benito County-1.75 months supply of inventory or 53-days
Hollister-1.30 months supply of inventory or 39-days
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Solds for the Week: 8
High: $786,000 New Conv 1st, Regular Sale
Low: $365,000  New Conv 1st, Regular Sale
Full-Price/Over-Asking: 3 or 37.5%
Average DOM: 63-days
Average Square Footage: 2121sf
Average Price/Square Foot: $235.55/sf
Average Sale Price: $498,438
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Sale Type
Regular Sale: 7 or 87.5%
Short Sales: 1 or 12.5%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 7 or 87.5%
All CASH: 1 or 12.5%
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