Hollister, San Benito County Real Estate Market Update for March 7th, 2015

Solds for the Week of 03-07-15

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-74 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Hollister-57 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-92 of which REO/Bank Owned-5 or 5%, Short Sales-13 or 14%
Hollister-74 of which REO/Bank Owned-3 or 4%, Short Sales-10 or 14%
Absorption Rate
San Benito County-.80 months supply of inventory or 24-days
Hollister-.77 months supply of inventory or 23-days
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Solds for the Week: 9
High: $530,000 Regular Sale, FHA Loan
Low:  $330,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 5 or 56%
Average DOM: 59 days
Average Square Footage: 1904sf
Average Price/Square Foot: $239.90/sf
Average Sale Price: $433,374.00
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Sale Type
Regular Sale: 8 or 89%
Short Sale: 1 or 11%
REO/Bank Owned: None
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Financing Type
New Conv1st: 5 or 56%
FHA Loan: 2 or 22%
USDA Loan: 1 or 11%
All CASH: 1 or 11%
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