Is Hollister, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hollister is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Hollister has remained a Seller's Market.

Key Takeaway

Hollister is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hollister, CA

How much do homes in Hollister, CA cost?

Median Sold Price

$750,000

$404/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,000(+4.2%)

Key Takeaway

Homes in Hollister have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Hollister was $750,000 in May 2024, up 4.2% from last year, and the median price per square foot was $404.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$499K
N/A
2 $524.9K$625K
+19.1%
3 $676K$700K
+3.6%
4 $805.5K$831.9K
+3.3%
5+ $809K$831.8K
+2.8%

Summary: Hollister housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 2.8%.

Housing Supply in Hollister, CA

How many homes are available in Hollister, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
127157+23.6%

Summary: The Hollister real estate market had 157 homes for sale in May 2024, a 23.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 24
+100.0%
2 1517
+13.3%
3 4460
+36.4%
4 5159
+15.7%
5+ 1517
+13.3%

Summary: The Hollister housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2839+39.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hollister, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in Hollister in May 2024, up by 39.3% month-over-month. Of the 36 sold homes, 22% were sold under asking, 28% were sold at asking, and 50% were sold over asking.

Days on Market for Hollister, CA

How long does it take to sell a home in Hollister, CA?

Average Sale Time

May 2023May 2024CHANGE
32 Days47 Days+46.8%

Summary: Homes in Hollister had an average of 47 days on market in May 2024, up by 46.8% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hollister are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 39 homes were sold in Hollister; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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