Hollister, San Benito County Real Estate Market Update for August 1st, 2015

Solds for the Week of 08-01-15

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-96 of which REO/Bank Owned-3 or 3%, Short Sales-3 or 3%
Hollister-76 of which REO/Bank Owned-3 or 4%, Short Sales-2 or 3%
Pendings
San Benito County-65 of which REO/Bank Owned-3 or 5%, Short Sales-8 or 12%
Hollister-53 of which REO/Bank Owned-2 or 4%, Short Sales-6 or 11%
Absorption Rate
San Benito County-1.48 months supply of inventory or 44 days
Hollister-1.43 months supply of inventory or 43 days
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Solds for the Week: 9
High: $725,000 Regular Sale, All Cash
Low: $230,000 Regular Sale, All Cash
Full-Price/Over-Asking: 3 or 33%
Average DOM: 74 Days
Average Square Footage: 1648sf
Average Price/Square Foot: $284.14/sf
Average Sale Price: $452,556.00
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Sale Type
Regular Sale: 9 or 100%
REO/Bank Owned: None
Short Sales: None
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Financing Type
All CASH: 3 or 33%
FHA Loan: 3 or 33%
New Conv 1st: 1 or 11%
VA Loan: 1 or 11%
USDA Loan: 1 or 11%
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Summer slowdown is here…….
Inventory is up! Absorption Rate is up! Prices are up!