Hollister, San Benito County Real Estate Market Update for April 14th, 2012


Single Family Residential
San Benito County-82 of which REO/Bank Owned-11 or 13%, Short Sales-21 or 26%
Hollister-43 of which REO/Bank Owned-8 or 19%,  Short Sales-15 or 35%
San Benito County-209 of which REO/Bank Owned-35 or 17%, Short Sales-116 or 56%
Hollister-173 of which REO/Bank Owned-23 or 13%, Short Sales-103 or 60%
Absorption Rate:
San Benito County-.39 months supply of inventory or 12-Days
Hollister-.25 months supply of inventory or 7.5-Days
Solds for the Week: 5
High: $350,000 Short Sale, USDA Loan
Low:  $210,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 2 or 40%
Sale Type:
REO/Bank Owned-2 or 40%
Short Sales-2 or 40%
Traditional Sale-1 or 20%
Financing Type:
FHA Loan-2 or 40%
New Conv 1st-1 or 20%
All CASH-1 or 20%
USDA Loan-1 or 20%
Wow! our inventory is officially pathetic in my opinion…if you’re a buyer anyway…not so much if you’re a seller…