Hollister, San Benito County Real Estate Market Update for September 5, 2015

Solds for the Week of 09-05-15

Single Family Residential

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Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)
Actives
San Benito County-102 of which REO/Bank Owned-4 or 4%, Short Sales-1 or 1%
Hollister-79 of which REO/Bank Owned-3 or 4%, Short Sales-1 or 1%
Pendings
San Benito County-69 of which REO/Bank Owned-1 or 1.5%, Short Sales-6 or 9%
Hollister-60 of which REO/Bank Owned-1 or 2%, Short Sales-4 or 7%
Absorption Rate
San Benito County-1.47 months supply of inventory or 44-days
Hollister-1.31 months supply of inventory or 40-days
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Solds for the Week: 15
High: $785,000 Regular Sale, New Conv 1st
Low:  $280,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 11 or 73%
Average DOM: 21-days
Average Square Footage: 1876sf
Average Price/Square Foot: $266.38/sf
Average Sale Price: $489,060.00
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Sale Type
Regular Sale: 13 or 87%
Short Sale: 2 or 13%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 7 or 47%
FHA Loan: 6 or 40%
All CASH: 2 or 13%
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