Hollister, San Benito County Real Estate Market Update for October 18, 2014

Solds for the Week of 10-18-14

Single Family Residential

San Benito County-125 of which REO/Bank Owned-2 or 1.5%, Short Sales-4 or 3%
Hollister-64 of which REO/Bank Owned-1 or 1.5%, Short Sales-2 or 3%
San Benito County-89 of which REO/Bank Owned-None, Short Sales-20 or 22%
Hollister-67 of which REO/Bank Owned-None, Short Sales-18 or 27%
Absorption Rate
San Benito County-1.40 months supply of inventory or 42-days
Hollister-.96 months supply of inventory or 29-days
Solds for the Week: 8
High: $624,000 Regular Sale, New Conv 1st
Low: $315,000 Short Sale, All CASH
Average DOM: 44-days
Average Square Footage: 1868sf
Average Price/Square Foot: $235.47/sf
Average Sale Price: $420,100
Sale Type
Regular Sale:5 or 62.5%
Short Sales: 3 or 37.5%
REO/Bank Owned: None
Financing Type
New Conv 1st: 4 or 50%
VA Loan: 2 or 25%
FHA Loan: 1 or 12.5%
All CASH: 1 or 12.5%