Hollister, San Benito County Real Estate Market Update for August 15, 2015

Solds for the Week of 08-15-15

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-98 of which REO/Bank Owned-2 or 2%, Short Sales-2 or 2%
Hollister-78 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Pendings
San Benito County-78 of which REO/Bank Owned-3 or 4%, Short Sales-9 or 12%
Hollister-65 of which REO/Bank Owned-2 or 3%, Short Sales-6 or 9%
Absorption Rate
San Benito County-1.27 months supply of inventory or 38-days
Hollister-1.2 months supply of inventory or 36-days
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Solds for the Week: 3
High: $480,000 Regular Sale, New Conv 1st
Low:  $372,645 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 3 or 100%
Average DOM: 15-days
Average Square Footage: 1631-sf
Average Price/Square Foot: 268.09/sf
Average Sale Price: $431,715.00
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Sale Type
Regular Sale: 2 or 66.6%
REO/Bank Owned: 1 or 33.3%
Short Sales: None
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Financing Type
New Conv 1st: 3 or 100%
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Feels a little like the summer dull drums…..