Hollister, San Benito County Real Estate Market Update for June 27th, 2015

Solds for the Week of 06-27-15

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

 

Single Family Residential

___________________________________
Actives
San Benito County-71 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Hollister-55 of which REO/Bank Owned-2 or 4%, Short Sales-1 or 2%
Pendings
San Benito County-89 of which REO/Bank Owned-6 or 7%, Short Sales-9 or 10%
Hollister-71 of which REO/Bank Owned-4 or 6%, Short Sales-8 or 11%
Absorption Rate
San Benito County-.79 months supply of inventory or 24-days
Hollister-.78 months supply of inventory or 23-days
__________________________________
Solds for the Week: 7
High: $610,000 FHA Loan, Regular Sale
Low:  $405,000 New Conv 1st, Regular Sale
Full-Price/Over-Asking: 3 or 43%
Average DOM: 51-days
Average Square Footage: 2238sf
Average Price/Square Foot: $251.73/sf
Average Sale Price: $526,000
__________________________________
Sale Type
Regular Sale: 6 or 86%
Short Sale: 1 or 14%
REO/Bank Owned: None
__________________________________
Financing Type
New Conv 1st: 4 or  57%
FHA Loan: 2 or 29%
All Cash: 1 or 14%
__________________________________