Weekly Market Watch for March 15, 2011

Traditional home sales are making a comeback mid March for the San Benito County weekly market watch, and the active inventory is at constantly refilling the sale gap.  Within the week our market had 50% new traditional sales, so sellers who want to move and take their profit are moving now.  Homes that are sitting in the market are being actively reduced in order to get the homes sold.  Over the last week 5 of the 10 SOLD homes were traditional home sales, and they were priced to sell!  Also of the 10 homes that sold, 6 properties closed escrow under $300,000.  Great time for an investment property in Hollister, Tres Pinos, or San Juan, so talk to your lender today about the low rates!




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