Hollister, San Benito County Real Estate Market Update for January 3rd, 2015

Solds for the Week of 01-03-15

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-96 of which REO/Bank Owned-6 or 6%, Short Sales-5 or 5%
Hollister-83 of which REO/Bank Owned-3 or 4%, Short Sales-5 or 6%,
Pendings
San Benito County-72 of which REO/Bank Owned-1 or 1%, Short Sales-12 or 6%
Hollister-55 of which REO/Bank Owned-1 or 2%, Short Sales-10 or 18%
Absorption Rate
San Benito County-1.33 months supply of inventory or 40-days
Hollister-1.50 months supply of inventory or 45-days
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Solds for the Week: 7
High: $775,000 Regular Sale, Seller Financed
Low: $323,000 Regular Sale, VA Loan
Full-Price/Over-Asking: 3 or 43%
Average DOM: 183 days
Average Square Footage: 1788sf
Average Price/Square Foot: $244.60/sf
Average Sale Price: $439,929.00
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Sale Type
Regular Sale: 5 or 71%
Short Sales: 2 or 29%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 3 or 44%
All Cash: 1 or 14%
USDA Loan: 1 or 14%
VA Loan: 1 or 14%
Seller Financing: 1 or 14%
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Happy New Year!