Hollister’s 151% Jump in Closings
Sunday, June 28, 2009
Hollister’s housing is HOT! Last month (5/09) saw 27 more Closings than 5/08’s 33. That is an increase of 81.8%! Each month this year our number of Closings has leaped ahead of ’08’s. To date there has been a 151% increase in Closed Sales! In fact, try to buy a home in Hollister now. “Multiple Offers” is once again a standard phrase reported to buyers by their agents.
Contributing to this hot market: New Listings of homes for sale in Hollister are down 27.9% so far this year over last year. Last month alone we saw a drop in New Listings of 29.5% over 5/08.
The Gilroy housing market is experiencing a similar recovery with a 128.9% increase in closings and a 32.7% decrease in New Listings.
Make sure your Realtor knows all the current methods in getting an offer accepted. You are going to need that if you want to buy a home here in Hollister.
Don’t you mean that last month was 5/09, not 5/08?
Thank you! Correction has been made.