Hollister, San Benito County Real Estate Market Update for 01-18-14

Solds for the Week of 01-18-14

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

_______________________________________
Actives
San Benito County-88 of which REO/Bank Owned-None, Short Sales-3 or 3%
Hollister-49 of which REO/Bank Owned-None, Short Sales-1 or 2%
Pendings
San Benito County-84 of which REO/Bank Owned-None, Short Sales-30 or 36%
Hollister-69 of which REO/Bank Owned-None, Short Sales-25 or 36%
Absorption Rate
San Benito County-1.04 months supply of inventory or 31-days
Hollister-.71 months supply of inventory or 21-days
______________________________________
Solds for the Week: 5
High: $750,000  Regular Sale, New Conv 1st
Low:  $203,000  Regular Sale, All Cash
Full-Price/Over-Asking: 1 or 20%
Average DOM: 74
Average Square Footage: 2217sf
Average Price/Square Foot: $238.09/sf
Average Sales Price: $504,200.00
______________________________________
Sale Type
Regular Sale: 5 or 100%
REO/Bank Owned: None
Short Sales: None
______________________________________
Financing Type
New Conv 1st: 3 or 60%
All Cash: 1 or 20%
Other: 1 or 20%
FHA Loan: None
VA Loan: None
USDA Loan: None
_____________________________________
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Hollister, San Benito County Real Estate Market Update for December 28th, 2013

Solds for the Week of 12-28-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

______________________________________________
Actives
San Benito County-84 of which REO/Bank Owned-None, Short Sales-7 or 8%
Hollister-47 of which REO/Bank Owned-None, Short Sales-5 or 11%
Pendings
San Benito County-97 of which REO/Bank Owned-2 or 2%, Short Sales-31 or 32%
Hollister-71 of which REO/Bank Owned-2 or 3%, Short Sales-25 or 35%
Absorption Rate
San Benito County-.87 months supply of inventory or 26-days
Hollister-.66 months supply of inventory or 19-days
_____________________________________________
Solds for the Week: 5
High: $500,000 Regular Sale, New Conv 1st
Low:  $310,000 Regular Sale, FHA Loan
Full-Price/Over-Asking: 3 or 60%
Average DOM: 33-days
Average Square Footage: 1942sf
Average Price/Square Foot: $215.51/sf
Average Sales Price: $400,400
____________________________________________
Sale Type
Regular Sale: 4 or 80%
Short Sale: 1 or 20%
REO/Bank Owned: None
____________________________________________
Financing Type
New Conv 1st: 2 or 40%
FHA Loan: 2 or 40%
VA Loan: 1 or 20%
____________________________________________

 

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Hollister, San Benito County Real Estate Market Update for December 14, 2013

Solds for the Week of 12-14-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

________________________________________________
Actives
San Benito County-91 of which REO/Bank Owned-None, Short Sales-8 or 9%
Hollister-56 of which REO/Bank Owned-None, Short Sales-6 or 11%
Pendings
San Benito County-96 of which REO/Bank Owned-2 or 2%, Short Sales-31 or 32%
Hollister-68 of which REO/Bank Owned-2 or 3%, Short Sales-24 or 35%
Absorption Rate
San Benito County-.95 months supply of inventory or 28-days
Hollister-.82 months supply of inventory or 25-days
________________________________________________
Solds for the Week: 5
High: $575,000 Regular Sale, New Conv 1st
Low:  $400,000 Short Sale, FHA Loan
Full-Price/Over-Asking Price: 1 or 20%
Average DOM: 48-days
Average Square Footage: 2909sf
Average Price/Square Foot: $166/sf
Average Sales Price: $448,960
________________________________________________
Sale Type
Regular Sales: 3 or 60%
Short Sales: 2 or 40%
REO/Bank Owned: None
________________________________________________
Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 1 or 20%
All CASH: 1 or 20%
________________________________________________
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Hollister, San Benito County Real Estate Market Update for November 9th, 2013

Solds for the Week of 11-09-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential
____________________________________________
Active’s
San Benito County-83 of which REO/Bank Owned-1 or 1%, Short Sales-6 or 7%
Hollister-52 of which REO/Bank Owned-1 or 2%, Short Sales-6 or 12%
Pending’s
San Benito County-87 of which REO/Bank Owned-3 or 3%, Short Sales-30 or 34%
Hollister-62 of which REO/Bank Owned-2 or 3%, Short Sales-24 or 39%
Absorption Rate
San Benito County- .95 months supply of inventory or 29-days
Hollister-.84 months supply of inventory or 25-days
____________________________________________
Sold’s for the Week: 6
High: $850,000 Traditional Sale, All CASH
Low:  $175,000 Traditional Sale, All CASH
Full-Price/Over-Asking: 5 or 83%
Average DOM: 22-days
Average Square Footage: 1900/sf
Average Price/Square Foot: $250/sf
Average Sale Price: $486,250.00
___________________________________________
Sale Type
Traditional Sale: 6 or 100%
REO/Bank Owned: None
Short Sales: None
___________________________________________
Financing Type
All CASH: 2 or 33%
New Conv. 1st: 2 or 33%
FHA Loan: 1 or 17%
VA Loan: 1 or 17%
___________________________________________
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Hollister, San Benito County Real Estate Market Update for October 19, 2013

Solds for the Week of 10-19-13

Single Family Residential

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)
________________________________________________________
Actives
San Benito County-91 of which REO/Bank Owned-1 or 1%, Short Sales-2 or 2%
Hollister-53 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-87 of which REO/Bank Owned-4 or 5%, Short Sales-27 or 31%
Hollister-65 of which REO/Bank Owned-2 or 3%, Short Sales-23 or 35%
Absorption Rate
San Benito County-1.04 months supply of inventory or 31-days
Hollister-.81 months supply of inventory or 25-days
_______________________________________________________
Solds for the Week: 7
High: $725,000 New Conv 1st, Regular Sale
Low: $215,000 New Conv 1st, Regular Sale
Full-Price/Over-Asking: 3 or 43%
Average Day on Market: 15
Average Square Footage: 1716sf
Average Price/Square Foot: $231
Average Sales Price: $396,357
______________________________________________________
Sale Type
Regular Sale: 6 or 86%
Short Sale: 1 or 14%
REO/Bank Owned: None
______________________________________________________
Financing Type
New Conv 1st: 5 or 71%
FHA Loan: 2 or 29%
CASH: None
_____________________________________________________
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Hollister, San Benito County Real Estate Market Update for October 5, 2013

Solds for the Week of 10-05-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

______________________________________________
Actives
San Benito County-104 of which REO/Bank Owned-1 or 1%, Short Sales-9 or 9%
Hollister-61 of which REO/Bank Owned-1 or 2%, Short Sales-7 or 11%
Pendings
San Benito County-75 of which REO/Bank Owned-5 or 7%, Short Sales-22 or 29%
Hollister-62 of which REO/Bank Owned-3 or 5%, Short Sales-19 or 31%
Absorption Rate
San Benito County-1.39 months supply of inventory or 42-days
Hollister-.98 months supply of inventory or 29.5-days
_____________________________________________
Solds for the Week: 13
High: $764,000 Regular Sale, VA Loan
Low:  $295,000, Regualr Sale, New Conv 1st
Full-Price/Over-Asking: 9 or 60%
Average Days on Market: 51
Average Square Footage: 2063sf
Average Price/Square Foot: $227/sf
Average Sale Price: $458,768.00
_____________________________________________
Sale Type
Traditional Sale: 11 or 85%
Short Sales: 2 or 15%
REO/Bank Owned: None
_____________________________________________
Financing Type
New Conv 1st: 6 or 46%
FHA Loan: 4 or 31%
All CASH: 1 or 7.5%
VA Loan: 1 or 7.5%
USDA Loan: 1 or 7.5%
_____________________________________________
Interest rates improved this week but the slowdown continues.
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Hollister, San Benito County Real Estate Market Update for September 28, 2013

Solds for the Week of 09-28-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

_____________________________________________
Actives
San Benito County-97 of which REO/Bank Owned-1 or 1%, Short Sales-5 or 5%
Hollister-60 of which REO/Bank Owned-1 or 2%, Short Sales-4 or 7%
Pendings
San Benito County-88 of which REO/Bank Owned-4 or 5%, Short Sales-28 or 32%
Hollister-69 of which REO/Bank Owned-2 or 3%, Short Sales-24 or 35%
Absorption Rate
San Benito County- 1.10 months supply of inventory or 33-days
Hollister- .87 months supply of inventory or 26-days
____________________________________________
Solds for the Week: 9
High: $689,000 Regular Sale, All Cash
Low:  $270,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 7 or 78%
Average Square Footage: 1907sf
Average Price/Square Foot: $239/sf
Average Sale Price: $451,556.00
___________________________________________
Sale Type
Regular Sale: 8 or 89%
REO/Bank Owned: 1 or 11%
Short Sales: None
___________________________________________
Financing Type
New Conv 1st: 4 or 44%
FHA Loan: 2 or 22%
All Cash: 2 or 22%
VA Loan: 1 or 11%
___________________________________________
Steady as she goes…..
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Hollister, San Benito County Real Estate Market Update for September 14, 2013

Solds for the Week of 09-14-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

_____________________________________________________________
Actives
San Benito County-94 of which REO/Bank Owned-2 or 2%, Short Sales-4 or 4%
Hollister-58 of which REO/Bank Owned-1 or 2%, Short Sales-4 or 7%
Pendings
San Benito County-92 of which REO/Bank Owned-4 or 4%, Short Sales-29 or 32%
Hollister-74 of which REO/Bank Owned-3 or 4%, Short Sales-24 or 32%
Absorption Rate
San Benito County-1.02 months supply of inventory
Hollister-.78 months supply of inventory or 24-days
_____________________________________________________________
Solds for the Week: 5
High: $749,000 Regular Sale, New Conv 1st
Low:  $270,000 Short Sale, USDA Loan
Full-Price/Over-Asking: 1 or 20%
Average Square Footage: 2001/sf
Average Price/Square Foot: $254.73/sf
Average Sales Price: $490,800.00
_____________________________________________________________
Sale Type
Regular Sale: 4 or 80%
Short Sales: 1 or 20%
REO/Bank Owned: None
_____________________________________________________________
Financing Type
FHA Loan: 2 or 40%
New Conv 1st: 1 or 20%
USDA Loan: 1 or 20%
All Cash: 1 or 20%
_____________________________________________________________
Wow! For the first time in I can’t remember how long….we broke a one month supply of inventory for Single Family Residential for the county.

 

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Hollister, San Benito County Real Estate Market Update for September 7th, 2013

Solds for the Week of 09-07-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

______________________________________________________
Actives
San Benito County-91 of which REO/Bank Owned-1 or 1%, Short Sales-4 or 4%
Hollister-55 of which REO/Bank Owned-None, Short Sales-4 or 7%
Pendings
San Benito County-99 of which REO/Bank Owned-4 or 4%, Short Sales-30 or 30%
Hollister-77 of which REO/Bank Owned-3 or 4%, Short Sales-24 or 31%
Absorption Rate
San Benito County-.92 months supply of inventory or 28-days
Hollister-.71 months supply of inventory or 21-days
______________________________________________________
Solds for the Week: 4
High: $699,900 Regular Sale, New Conv 1st
Low: $420,000, Regular Sale, New Conv 1st
Full-Price/Over-Asking: 3 or 75%
Average Square Footage: 2193sf
Average Price/Square Foot: $267/sf
Average Sales Price: $587,700.00
______________________________________________________
Sale Type
Traditional Sale: 4 or 100%
REO/Bank Owned: None
Short Sales: None
______________________________________________________
Financing Type
New Conv 1st: 3 or 75%
FHA Loan: 1 or 25%
______________________________________________________
The creeping slowdown continues. Sale prices also continue to creep
up as well….
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Hollister, San Benito County Real Estate Market Update for August 31, 2013

Solds for the Week of 08-31-13

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential 

__________________________________________________
Actives
San Benito County-88 of which REO/Bank Owned- 2 or 3%, Short Sales-3 or 4%
Hollister-53 of which REO/Bank Owned-1 or 2%, Short Sales-3 or 6%
Pendings
San Benito County-103, of which REO/Bank Owned-3 or 3%, Short Sales-30 or 29%
Hollister-81 of which REO/Bank Owned-2 or 3%, Short Sales-24 or 30%
Absorption Rate
San Benito County-.85 months supply of inventory or 26-days
Hollister-.65 months supply of inventory or 20-days
_________________________________________________
Solds for the Week: 9
High: $700,000.00 Regular Sale, New Conv 1st
Low: $227,500.00  Regular Sale, All Cash
Full-Price/Over-Asking: 5 or 56%
Average Square Footage: 1734sf
Average Price/Square Foot: $223.82/sf
Average Sale Price: $382,111.00
_________________________________________________
Sale Type
Regular Sale: 6 or 67%
Short Sale: 3 or 33%
REO/Bank Owned: None
________________________________________________
Financing Type
New Conv 1st: 5 or 56%
All Cash: 2 or 22%
USDA Loan: 2 or 22%
________________________________________________
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