Hollister Real Estate Report – December 2016

Seth Muenzer
Published on January 2, 2017

Hollister Real Estate Report – December 2016

Curious of what is going on in the Hollister real estate during the month of December along with a year over year comparison? Here is the real estate market report for December 2016.

 

Hollister Real Estate Activity for December 2016 vs December 2015


In December 2016 there were 28 homes that closed during the month. This is 1 less than December 2015.

  • The average sale price for homes that closed in December 2015 was $470,184
  • The average sale price for homes that closed in December 2016 was $493,975
  • The average Days on the market (DOM) for the homes that closed in December 2015 was 31 days.
  • The average Days on the market (DOM) for the homes that closed in December 2016 was 50 days.
  • The total amount of volume for the homes that closed in December 2015 was $13,635,350
  • The total amount of volume for the homes that closed in December 2016 was $13,831,299

Homes Under Contract in Hollister for December 2016

There were a total of 42 homes in Hollister that were under contract or sale pending through January 2nd, 2017 The average market time for these 42 homes was 66 days. The average list price for these homes under contract was $529,997

Current Hollister Homes for Sale Inventory Levels

There are currently 61 Homes on the market. The average list price is $616,472. The average market time for these homes is 86 days. Homes are selling in 40 days or less, if priced properly. The market absorption rate, as of January 2nd, 2016 was 1.60. This means that if no other home in Hollister were put on the market, it would take 1.60 months to deplete the remaining homes on the market. How can both buyers and sellers have an advantage in the real estate market? Employ the services of a local real estate agent who has vast knowledge and experience of the market.

The above statistics are only for single family homes and do not include condominiums or multi-family homes.

Find Hollister, CA Homes for Sale

For a complete list of available real estate, homes and ranches, visit Hollister Homes for Sale. Make sure to subscribe to our blog so you do not miss out on any homes. Contact us to find out what your home is worth and to discuss your housing needs. Or looking to begin the buying process download the complete buyers guide.

Other December 2016 Real Estate Market Reports

 


About Seth Muenzer’s Real Estate Blog: The above article “Hollister Real Estate Report – December 2016” is hosted by the Seth Muenzer, the owner of www.sethmuenzer.com. a leader in the field of Real Estate sales, marketing, and social media marketing. If you’re thinking of selling or buying, I would love to share my knowledge and expertise. For tips, tricks and how to save money when buying real estate please visit my other blog articles. If you have real estate question feel free to ask anytime and thank you for visiting my blog.

Servicing the following San Benito County areas: Hollister, Ridgemark, Tres Pinos, San Juan Bautista, Aromas and Prunedale as well as Santa Clara County, Gilroy, San Martin and Morgan Hill.

Data Provided By MLSListings

 

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