Hollister, San Benito County Real Estate Market Update for April 25, 2015

Solds for the Week of 04-25-15

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

 

Single Family

___________________________
Actives
San Benito County-80 or which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Hollister-62 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-88 of which REO/Bank Owned-4 or 5%, Short Sales-11 or 13%
Hollister-77 of which REO/Bank Owned-3 or 4%, Short Sales-8 or 10%
Absorption Rate
San Benito County-.90 months supply of inventory or 27-days
Hollister-.80 months supply of inventory or 24-days
__________________________
Solds for the Week: 8
High: $645,000 Regular Sale, New Conv 1st
Low:  $375,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking Price: 4 or 50%
Average DOM: 36 days
Average Square Footage: 1952sf
Average Price/Square Foot: $282.06/sf
Average Sale Price: $504,488
__________________________
Sale Type
Regular Sale: 8 or 100%
REO/Bank Owned: None
Short Sales: None
_________________________
Financing Type
New Conv 1st: 6 or 75%
FHA Loan: 1 or 12.5%
VA Loan: 1 or 12.5%
_________________________