Hollister, San Benito County Real Estate Market Update for 12-13-14

Solds for the Week of 12-13-14

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-101 of which REO/Bank Owned-7 or 7%, Short Sales-4 or 4%
Hollister-87 of which REO/Bank Owned-4 or 5%, Short Sales-3 or 3%
Pendings
San Benito County-87 of which REO/Bank Owned-1 or 1%, Short Sales-16 or 18%
Hollister-68 of which REO/Bank Owned-None, Short Sales-14 or 21%
Absorption Rate
San Benito County-1.16 months supply of inventory or 35-days
Hollister-1.27 months supply of inventory or 38-days
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Solds for the Week: 7
High: $800,000 Regular Sale, New Conv 1st.
Low:  $408,000 Regular Sale, VA Loan
Full-Price/Over-Asking: 3 or 44%
Average DOM: 234 days (skewed high by a short sale, and a new construction)
Average Square Footage: 2328sf
Average Price/Square Foot: $239.48/sf
Average Sale Price: $558,000
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Sale Type
Regular Sale: 6 or 86%
Short Sale: 1 or 14%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 3 or 44%
FHA Loan: 1 or 14%
VA Loan: 1 or 14%
USDA Loan: 1 or 14%
All CASH: 1 or 14%
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