Hollister, San Benito County Real Estate Market Update for July 11, 2015

Solds for the Week of 07-11-15

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-79 of which REO/Bank Owned-2 or 3%, Short Sales-1 or 1%
Hollister-63 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-75 of which REO/Bank Owned-3 or 4%, Short Sales-9 or 12%
Hollister-60 of which REO/Bank Owned-2 or 3%, Short Sales-7 or 12%
Absorption Rate
San Benito County- 1.05 months supply of inventory or 32-days
Hollister-1.05 months supply of inventory or 32-days
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Solds for the Week:14
High: $749,000 Regular Sale, VA Loan
Low: $315,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 7 or 50%
Average DOM: 147 days
Average Square Footage: 1661sf
Average Price/Square Foot: $286.88/sf
Average Sale Price: $435,921
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Sale Type
Regular Sale: 11 or 79%
REO/Bank Owned: 2 or 14%
Short Sales: 1 or 7%
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Financing Type
New Conv 1st: 7 or 50%
FHA Loan: 3 or 21%
All CASH: 1 or 7%
USDA Loan: 1 or 7%
VA Loan: 1 or 7%
Seller Finance: 1 or 7%
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