Hollister, San Benito County Real Estate Market Update for 12-13-14

Solds for the Week of 12-13-14

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

 

Single Family Residential

_____________________________
Actives
San Benito County-101 of which REO/Bank Owned-7 or 7%, Short Sales-4 or 4%
Hollister-87 of which REO/Bank Owned-4 or 5%, Short Sales-3 or 3%
Pendings
San Benito County-87 of which REO/Bank Owned-1 or 1%, Short Sales-16 or 18%
Hollister-68 of which REO/Bank Owned-None, Short Sales-14 or 21%
Absorption Rate
San Benito County-1.16 months supply of inventory or 35-days
Hollister-1.27 months supply of inventory or 38-days
____________________________
Solds for the Week: 7
High: $800,000 Regular Sale, New Conv 1st.
Low:  $408,000 Regular Sale, VA Loan
Full-Price/Over-Asking: 3 or 44%
Average DOM: 234 days (skewed high by a short sale, and a new construction)
Average Square Footage: 2328sf
Average Price/Square Foot: $239.48/sf
Average Sale Price: $558,000
____________________________
Sale Type
Regular Sale: 6 or 86%
Short Sale: 1 or 14%
REO/Bank Owned: None
____________________________
Financing Type
New Conv 1st: 3 or 44%
FHA Loan: 1 or 14%
VA Loan: 1 or 14%
USDA Loan: 1 or 14%
All CASH: 1 or 14%
___________________________

 

Hollister, San Benito County Real Estate Market Update for December 6th, 2014

Solds for the Week of 12-06-14

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

 

Single Family Residential

________________________________
Actives
San Benito County-109 of which REO/Bank Owned-6 or 6%, Short Sales-5 or 5%
Hollister-94 of which REO/Bank Owned-4 or 4%, Short Sales-4 or 4%
Pendings
San Benito County-85 of which REO/Bank Owned-1 or 1%, Short Sales-17 or 20%
Hollister-65 of which REO/Bank Owned-None, Short Sales-14 or 22%
Absorption Rate
San Benito County-1.28 month’s supply of inventory or 39-days
Hollister-1.44 month’s supply of inventory or 43-days
________________________________
Solds for the Week: 5
High: $830,000 Regular Sale, New Conv 1st
Low:  $235,000 Regular Sale, All CASH
Full-Price/Over-Asking: 2 or 40%
Average DOM: 71 days
Average Square Footage: 2093sf
Average Price/Square Foot: $221.81/sf
Average Sale Price: $459,776.00
________________________________
Sale Type
Regular Sale: 5 or 100%
REO/Bank Owned: None
Short Sales: None
________________________________
Financing Type
New Conv 1st: 4 or 80%
All CASH: 1 or 20%
FHA Loan: None
________________________________

Does anybody really believe the unemployment rate is 5.8%?
I don’t! When you un-cook the books and add in the people that have
left the workforce i.e. given up looking it’s more like 10-12%. Then there’s
the people that ran out of unemployment and managed to get transferred
over to permanent disability. They will never re-enter the workforce.
Why would they?

Hollister, San Benito County Real Estate Market Update for November 29, 2014

Solds for the Week of 11-29-14

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

 

 

 

Single Family Residential

______________________
Actives
San Benito County-111 of which REO/Bank Owned-5 or 5%, Short Sales-4 or 4%
Hollister-69 of which REO/Bank Owned-3 or 4%, Short Sales-2 or 3%
Pendings
San Benito County-86 of which REO/Bank Owned-1 or 1%, Short Sales-18 or 20%
Hollister-59 of which REO/Bank Owned-None, Short Sales-15 or 25%
Absorption Rate
San Benito County-1.29 months supply of inventory or 39-days
Hollister-1.17 months supply of inventory or 35-days
_____________________
Solds for the Week: 4
High: $520,000 Regular Sale, FHA Loan
Low:  $425,000 Regular Sale, VA Loan
Full-Price/Over-Asking: 2 or 50%
Average DOM: 56 days
Average Square Footage: 2654sf
Average Price/Square Foot: $178.30/sf
Average Sale Price: $473,500
____________________
Sale Type
Regular Sale: 4 or 100%
REO/Bank Owned: None
Short Sale: None
____________________
Financing Type
New Conv 1st: 1 or 25%
FHA Loan: 1 or 25%
VA Loan: 1 or 25%
All CASH: 1 or 25%
___________________

Hollister, San Benito County Real Estate Market Update for November 22, 2014

Solds for the Week of 11-22-14

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

 

Single Family Residential

_____________________________
Actives
San Benito County-120 of which REO/Bank Owned-4 or 3%, Short Sales-5 or 4%
Hollister-98 of which REO/Bank Owned-2 or 2%, Short Sales-4 or 4%
Pendings
San Benito County-83 of which REO/Bank Owned-None, Short Sales-5 or 6%
Hollister-64 of which REO/Bank Owned-None, Short Sales-4 or 6%
Absorption Rate
San Benito County-1.44 months supply of inventory or 43-days
Hollister-1.53 months supply of inventory or 46-days
____________________________
Solds for the Week: 7
High: $1,200,000 Regular Sale, New Conv 1st
Low: $380,000 Regular Sale, All Cash
Full-Price/Over-Asking: None
Average DOM: 107 days
Average Square Footage: 2476sf
Average Price/Square Foot: $227.48/sf
Average Sale Price: $568,929.00
____________________________
Sale Type
Regular Sale: 7 or 100%
REO/Bank Owned: None
Short Sales: None
___________________________
Financing Type
New Conv 1st: 2 or 28.5%
FHA Loan: 2 or 28.5%
All Cash: 2 or 28.5%
VA Loan: 1 or 14.5%
__________________________

Hollister, San Benito County Real Estate Market Update for November 1, 2014

Solds for the Week of 11-01-14

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

 

Single Family Residential

_______________________________
Actives
San Benito County-133 of which REO/Bank Owned-3 or 2%, Short Sales-5 or 4%
Hollister-72 of which REO/Bank Owned-1 or 1.5%, Short Sales-2 or 3%
Pendings
San Benito County-76 of which REO/Bank Owned-None, Short Sales-18 or 24%
Hollister-55 of which REO/Bank Owned-None, Short Sales-16 or 29%
Absorption Rate
San Benito County-1.75 months supply of inventory or 53-days
Hollister-1.30 months supply of inventory or 39-days
_______________________________
Solds for the Week: 8
High: $786,000 New Conv 1st, Regular Sale
Low: $365,000  New Conv 1st, Regular Sale
Full-Price/Over-Asking: 3 or 37.5%
Average DOM: 63-days
Average Square Footage: 2121sf
Average Price/Square Foot: $235.55/sf
Average Sale Price: $498,438
_______________________________
Sale Type
Regular Sale: 7 or 87.5%
Short Sales: 1 or 12.5%
REO/Bank Owned: None
_______________________________
Financing Type
New Conv 1st: 7 or 87.5%
All CASH: 1 or 12.5%
_______________________________