Hollister, San Benito County Real Estate Market Update for May 2, 2015

Solds for the Week of 05-02-15

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-81 of which REO/Bank Owned-2 or 3%, Short Sales-3 or 4%
Hollister-61 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Pendings
San Benito County-85 of which REO/Bank Owned-3 or 4%, Short Sales-9 or 11%
Hollister-75 of which REO/Bank Owned-1 or 1%, Short Sales-6 or 8%
Absorption Rate
San Benito County-.95 months supply of inventory or 29-days
Hollister-.81 months supply of inventory or 24-days
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Solds for the Week: 12
High: $651,000 All Cash, Regular Sale
Low:  $231,000 All Cash, Regular Sale
Full-Price/Over-Asking: 10 or 83%
Average DOM: 14-days
Average Square Footage: 1911sf
Average Price/Square Foot: $256.40/sf
Average Sale Price: $456,617
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Sale Type
Regular Sale: 9 or 75%
Short Sale: 2 or 17%
REO/Bank Owned:1 or 8%
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Financing Type
FHA Loan: 4 or 33%
All Cash: 3 or 25%
New Conv1st: 2 or 17%
VA Loan: 2 or 17%
USDA Loan: 1 or 8%
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