Hollister, San Benito County Real Estate Market Update for July 4th, 2015

Solds for the Week of 07-04-15

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

 

Single Family Residential

___________________________
Actives
San Benito County-69 of which REO/Bank Owned-1 or 1.5%, Short Sales-1 or 1.5%
Hollister-56 of which REO/Bank Owned-1 or 2%, Short Sales-1 or 2%
Pendings
San Benito County-86 of which REO/Bank Owned-6 or 7%, Short Sales-10 or 12%
Hollister-70 of which REO/Bank Owned-4 or 6%, Short Sales-8 or 11%
Absorption Rate
San Benito County-.80 months supply of inventory or 24-days
Hollister-.80 months supply of inventory or 24-days
___________________________
Solds for the Week: 12
High: $1,500,000 Regular Sale, New Conv 1st
Low: $369,184 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 6 or 50%
Average DOM: 53-days
Average Square Footage: 2501sf
Average Price/Square Foot: $256.41/sf
Average Sale Price: $634,390
___________________________
Sale Type
Regular Sale: 11 or 92%
REO/Bank Owned: 1 or 8%
Short Sales: None
__________________________
Financing Type
New Conv 1st: 7 or 58%
FHA Loan: 3 or 25%
All CASH: 2 or 17%
__________________________

Hollister, San Benito County Real Estate Market Update for July 5th, 2014

Solds for the Week of 07-05-14

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

 

Single Family Residential

_______________________
Actives
San Benito County-102 of which REO/Bank Owned-2 or 2%, Short Sales-2 or 2%
Hollister-56 of which REO/Bank Owned-2 or 4%, Short Sales-1 or 2%
Pendings
San Benito County-87 of which REO/Bank Owned-3 or 4%, Short Sales-21 or 24%
Hollister-68 of which REO/Bank Owned-3 or 4%, Short Sales-18-26%
Absorption Rate
San Benito County-1.2 months supply of inventory or 35-days
Hollister-.82 months supply of inventory or 25-days
______________________
Solds for the Week: 9
High: $675,000 Regular Sale, All Cash
Low:  $ 280,000, Regular Sale, USDA Loan
Full-Price/Over-Asking: 4 or 44%
Average Days on Market: 28-days
Average Square Footage: 1804sf
Average Price/Square Foot: $276.21/sf
Average Sale Price: $487,222.00
______________________
Sale Type
Regular Sale:9 or 100%
REO/Bank Owned: None
Short Sales:None
______________________
Financing Type
New Conv 1st: 4 or 44%
FHA Loan: 3 or 33%
All Cash: 1 or 11.5%
USDA: 1 or 11.5%
______________________

Hollister, San Benito County Real Estate Market Update for May 3rd, 2014

Solds for the Week of 05-03-14

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

 

Single Family Residential

__________________________________
Actives
San Benito County-95 of which REO/Bank Owned-1 or 1%, Short Sales-2 or 2%
Hollister-53 of which REO/Bank Owned-1 or 1%, Short Sales-2 or 4%
Pendings
San Benito County-88 of which REO/Bank Owned-2 or 2%, Short Sales-20 or 23%
Hollister-70 of which REO/Bank Owned-2 or 3%, Short Sales-18 or 26%
Absorption Rate
San Benito County-1.1 months supply of inventory or 32-days
Hollister-.75 month supply of inventory or 23-days
_________________________________
Solds for the Week: 13
High: $879,950 Regular Sale, New Conv 1st
Low:  $315,000 Regular Sale, New Conv 1st
Full-Price/Over-Asking: 4 or 30%
Average DOM: 38-days
Average Square Footage: 2185sf
Average Price/Square Foot: $233.33/sf
Average Sale Price: $491.03/sf
_________________________________
Sale Type
Regular Sale: 13 or 100%
REO/Bank Owned: None
Short Sales: None
_________________________________
Financing Type
New Conv 1st: 6 or 46%
All Cash: 3 or 23%
FHA Loan: 2 or 15%
VA Loan: 1 or 8%
USDA Loan: 1 or 8%
_________________________________
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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 21, 2013

Solds for the Week of 09-21-13

Single Family Residential

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)
_____________________________________________________
Actives
San Benito County-99 of which REO/Bank Owned-2 or 2%, Short Sales-6 or 6%
Hollister-59 of which REO/Bank Owned-1 or 2%, Short Sales-5 or 12%
Pendings
San Benito County-89 of which REO/Bank Owned-4 or 5%, Short Sales-27 or 30%
Hollister-72 of which REO/Bank Owned-1 or 2%, Short Sales-5 or 12%
Absorption Rate
San Benito County-1.11 months supply of inventory or 33-days
Hollister-.82 months supply of inventory or 25-days
_____________________________________________________
Solds for the Week: 4
High: $550,000 Traditional Sale, New Conv 1st
Low:  $350,000 Traditional Sale, VA Loan
Full-Price/Over-Asking: 2 or 50%
Average Square Footage: 2193sf
Average Price/Square Foot: $197/sf
Average Sales Price: $421,250.00
_____________________________________________________
Sale Type
Traditional Sale: 4 or 100%
REO/Bank Owned: None
Short Sales: None
_____________________________________________________
Financing Type
New Conv 1st: 2 or 50%
VA Loan: 2 or 50%
_____________________________________________________
Slow and steady as she goes…….
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Hollister, San Benito County Real Estate Market Update for August 10, 2013

Solds for the Week of 08-10-13

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

 

Single Family Residential

__________________________________________________
Actives
San Benito County-85 of which REO/Bank Owned-3 or 4%, Short Sales-5 or 6%
Hollister-55 of which REO/Bank Owned-3 or 5%, Short Sales-4 or 7%
Pendings
San Benito County-103 of which REO/Bank Owned-1 or 1%, Short Sales-38 or 37%
Hollister-81 of which REO/Bank Owned-None, Short Sales-32 or 40%
Aborption Rate
San Benito County-.82 months supply of inventory or 25-days
Hollister-.67 months supply of inventory or 21-days
__________________________________________________
Solds for the Week: 7
High: $510,000 REO/Bank Owned, New Conv. 1st
Low:  $380,000 Traditional Sale/Flip, FHA Loan
Full-Price/Over-Asking: 6 or 86%
Average Square Footage: 1979sf
Average Price/Square Foot: $210/sf
Average Sales Price: $408,571.00
__________________________________________________
Sale Type
Traditional Sale: 6 or 86%
REO/Bank Owned: 1 or 14%
Short Sales: None
__________________________________________________
Financing Type
New Conv 1st: 3 or 43%
FHA Loan: 2 or 29%
VA Loan: 1 or 14%
USDA Loan: 1 or 14%
All CASH: None
__________________________________________________

 

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Hollister, San Benito County Real Estate Market Update for August 3, 2013

Solds for the Week of 08-03-13

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

 

Single Family Residential

__________________________________________________
Actives
San Benito County-82 of which REO/Bank Owned-4 or 5%, Short Sales-2 or 2%
Hollister-54 of which REO/Bank Owned-3 or 6%, Short Sales-2 or 4%
Pendings
San Benito County-95 of which REO/Bank Owned-1 or 1%, Short Sales-40 or 42%
Hollister-76 of which REO/Bank Owned-None, Short Sales-35 or 46%
Absorption Rate
San Benito County-.86 months supply of inventory or 26-days
Hollister-.71 months supply of inventory or 21-days
__________________________________________________
Solds for the Week: 7
High: $535,000 New Conv 1st, Short Sale
Low:  $283,000 USDA Loan, Short Sale
Full-Price/Over-Asking: 5 or 72%
Average Square Footage: 1988sf
Average Price/Square Foot: $199.58
Average Sales Price: $379,143.00
__________________________________________________
Sale Type
Traditional Sale: 4 or 57%
Short Sale: 3 or 43%
REO/Bank Owned: None
_________________________________________________
Financing Type
New Conv 1st: 5 or 72%
USDA Loan: 1 or 14%
VA Loan: 1 or 14%
FHA Loan: None
All Cash: None
_________________________________________________

The cooling continues….

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Hollister, San Benito County Real Estate Market Update for May 4th, 2013

Solds for the Week of 05-04-13

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

 

Single Family Residential

______________________________________________________________________
Actives:
San Benito County-61 of which REO/Bank Owned:NONE, Short Sales: 3 or 5%
Hollister-39 of which REO/Bank Owned:NONE, Short Sales: 3 or 8%
Pendings:
San Benito County-136 of which REO/Bank Owned-8 or 6%, Short Sales-61 or 45%
Hollister-105 of which REO/Bank Owned-5 or 5%, Short Sales-52 or 50%
Absorption Rate:
San Benito County-.45 months supply of inventory or 13.5-Days
Hollister-.37 months supply of inventory or 11-Days
_____________________________________________________________________
Solds for the Week: 10
HIgh: $815,000, Regular Sale, New Conv 1st
Low:  $255,000, Regular Sale, New Conv 1st
Full-Price/Over-Asking: 8 or 80%
Average Square Footage: 2063sf
Average Price/Square Foot: $183.80
Average Sale Price: $359,900
_____________________________________________________________________
Sale Type:
Traditional Sale-6 or 60%
Short Sales: 4 or 40%
REO/Bank Owned: None
_____________________________________________________________________
Financing Type:
New Conv 1st-6 or 60%
All CASH-3 or 30%
FHA Loan-1 or 10%
_____________________________________________________________________
Another week where we see no Active REO/Bank Owned properties on the market!
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Hollister, San Benito County Real Estate Market Update for March 16, 2013

Solds for the Week of 03-16-13

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

 

Single Family Residential

_____________________________________________________________________
Actives
San Benito County-53 of which REO/Bank Owned-2 or 4%, Short Sales-0
Hollister-33 of which REO/Bank Owned-1 or 3%, Short Sales-0
Pendings
San Benito County-140 of which REO/Bank Owned-8 or 6%, Short Sales-72 or 51%
Hollister-111 of which REO/Bank Owned-5 or 5%, Short Sales-64 of 58%
Absorption Rate
San Benito County-.38 months supply of inventory or 11-Days
Hollister-.30 months supply of inventory or 9-Days
_____________________________________________________________________
Solds for the Week: 7
High: $454,000 Traditional Sale, All Cash
Low:  $250,000 Traditional Sale, FHA Loan
Full-Price/Over-Asking: 7 or 100%
Average Sq Ft: 1894
Average Sales Price: $338,129.00
Average Price/Sq Ft: $179.00
_____________________________________________________________________
Sale Type
Traditional Sale: 5 or 71%
Short Sale: 2 or 29%
____________________________________________________________________
Financing Type
FHA Loan: 4 or 57%
All Cash: 2 or 29%
USDA Loan: 1 or 14%
____________________________________________________________________
Wow! This week is a another first since I started tracking our weekly market stat’s. Every property that sold closed for full-price or over-asking!
2 were full-price and 5 were over-asking. How much over? As little as $112 and as much as $49,000! for a 1750sf 4/2 house on Summer Dr, really? All Cash Sale and 16% over list price, WOW! WOW! WOW!
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Hollister, San Benito County Real Estate Market Update for March 2, 2013

Solds for the Week of 03-02-13

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

 

Single Family Residential

_____________________________________________________________________
Actives
San Benito County-54 of which REO/Bank Owned-1 or 2%, Short Sales-5 or 9%
Hollister-32 of which REO/Bank Owned-0, Short Sales-5 or 16%
Pendings
San Benito County-134 of which REO/Bank Owned-8 or 6%, Short Sales-74 or 55%
Hollister-112 of which REO/Bank Owned-7 or 6%, Short Sales-66 or 59%
Absorption Rate
San Benito County-.40 months supply of inventory or 12-Days
Hollister-.28 months supply of inventory or 8.6-Days
_____________________________________________________________________
Sold’s for the Week: 5
High: $520.000 Traditional Sale, New Conv. 1st
Low:  $315,000 Short Sale, FHA Loan
Full-Price/Over-Asking: 2 or 40%
Average Sales Price: $414,400
Average Price/Square Foot: $190
_____________________________________________________________________
Sale Type
Traditional Sale: 2 or 40%
Short Sale: 2 or 40%
REO/Bank Owned: 1 or 20%
_____________________________________________________________________
Financing Type
New Conv 1st: 2 or 40%
FHA Loan: 2 or 40%
USDA Loan: 1 or 20%
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