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 March 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

$738,250

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,416(-0.5%)

Key Takeaway

The sold price of homes in Hollister has remained the same since last year.

Summary: The median home sold price in Hollister was $738,250 in March 2024, down 0.5% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $530K$605.2K
+14.2%
3 $689K$690K
0.1%
4 $817.5K$819.1K
0.2%
5+ $849.3K$817.5K
-3.8%

Summary: Hollister housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 3.8%.

Housing Supply in Hollister, CA

How many homes are available in Hollister, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
115116+0.9%

Summary: The Hollister real estate market had 116 homes for sale in March 2024, a 0.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 2019
-5.0%
3 3837
-2.6%
4 4750
+6.4%
5+ 99
0.0%

Summary: The Hollister housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
29290.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hollister, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Hollister in March 2024, the same as the previous month. Of the 26 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% 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

Mar 2023Mar 2024CHANGE
56 Days59 Days+6.3%

Summary: Homes in Hollister had an average of 59 days on market in Mar 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hollister has remained consistent over time.

Summary: During March 2024, 29 homes were sold in Hollister; 38% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 17% 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 18 Days Ago

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