Hollister, San Benito County Real Estate Market Update for August 22, 2015

Solds for the Week of 08-22-15

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-91 of which REO/Bank Owned-3 or 3%, Short Sales-2 or 2%
Hollister-69 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Pendings
San Benito County-81 of which REO/Bank Owned-1 or 1%, Short Sales-7 or 9%
Hollister-71 of which REO/Bank Owned-1 or 1%, Short Sales-4 or 6%
Absorption Rate
San Benito County-1.12 months supply of inventory or 34-days
Hollister-.97 months supply of inventory or 29-days
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Solds for the Week:8
High: $800,000 Regular Sale, New Conv 1st
Low:  $350,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 2 or 25%
Average DOM: 29 days
Average Square Footage: 1945sf
Average Price/Square Foot: $262.89/sf
Average Sale Price: $509,375.00
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Sale Type
Regular Sale: 7 or 87.5%
REO/Bank Owned: 1 or 12.5%
Short Sales: None
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Financing Type
FHA Loan: 4 or 50%
New Conv 1st: 3 or 37.5%
All CASH: 1 or 12.5%
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Sorry I didn’t get to this yesterday. Woke up to a dog that needed to go the the vet so never got to it.