Single Family Residential
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Active:
San Benito County-143 of which REO/Bank Owned-22 or 15%
Hollister-82 of which REO/Bank Owned-14 or 17%
Pending:
San Benito County-207 of which REO/Bank Owned-47 or 23%
Hollister-172 of which REO/Bank Owned-39 or 23%
Absorption Rate:
San Benito County-.69 months supply of inventory or 21 Days
Hollister-.48 months supply of inventory or 14 Days
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Solds for the week: 17
High: $1,225,000 Equity Sale, New Conv. 1st
Low: $79,900 REO/Bank Owned, All CASH
Full-Price or Over-Asking: 7 or 41%
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Sale Type
REO/Bank Owned: 11 or 65%
Short Sale: 1 or 6%
Equity Sale: 5 or 29%
____________________________________________________________
Financing Type
New Conv. 1st: 9 or 52%
FHA Loan: 4 or 24%
All CASH: 4 or 24%
____________________________________________________________
Wow! A big week for closings….
Single Family Residential
____________________________________________________________
Active:
San Benito County-133 of which REO/Bank Owned-18 or 14%
Hollister-73 of which REO/Bank Owned-11 or 15%
Pending:
San Benito County-216 of which REO/Bank Owned-52 or 24%
Hollister-179 of which REO/Bank Owned-41 or 23%
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 19days
Hollister-.41 month’s supply of inventory or 12days
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Solds for the week: 11
High: $820,000 New Conv. 1st, Equity Sale
Property appraised for $750,000! Buyer paid $70,000
over appraised value.
Low: $140,000 FHA Loan, REO/Bank Owned
Full-Price or Over-Asking: 6 or 55%
____________________________________________________________
Sale Type
REO/Bank Owned: 5 or 45%
Equity Sale: 6 or 55%
Short Sale: none
___________________________________________________
Financing Type
New Conv. 1st: 6 or 55%
FHA Loan: 2 or 18%
All CASH: 1 or 9%
VA Loan: 1 or 9%
USDA Loan: 1 or 9%
Single Family Residential
____________________________________________________________
Active:
San Benito County-133 of which REO/Bank Owned-20 or 15%
Hollister-72 of which REO/Bank Owned-11 or 15%
Pending:
San Benito County-218 of which REO/Bank Owned-51 or 23%
Hollister-102 of which REO/Bank Owned-42 or 41%
Absorption Rate:
San Benito County-.61 month’s supply of inventory or 18 days
Hollister-.71 month’s supply of inventory or 21 days
____________________________________________________________
Solds for the week: 10
High-$345,000 REO/Bank Owned, New Conv. 1st
Low- $165,000 REO/Bank Owned, FHA Loan
Full Price or Over Asking-7 or 70%
____________________________________________________________
Sale Type
REO/Bank Owned-7 or 70%
Short Sale-3 or 30%
Equity Sale- none
____________________________________________________________
Financing Type
New Conv. 1st-5 or 50%
FHA Loan-4 or 40%
All CASH-1 or 10%
Single Family Residential
____________________________________________________________
Active:
San Benito County-134 of which REO/Bank Owned-25 or 19%
Hollister-70 of which REO/Bank Owned-16 or 23%
Pending:
San Benito County-215 of which REO/Bank Owned-50 or 23%
Hollister-180 of which REO/Bank Owned-40 or 22%
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 19days
Hollister-.39 month’s supply of inventory or 12days
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Solds for the week: 7 (a light week for closings)
High-$524,700 REO/Bank Owned, New Conv. 1st
Low-$210,000 Short Sale, FHA Loan
Full Price or Over Asking: 5 or 71%
____________________________________________________________
Sale Type
REO/Bank Owned-2 or 29%
Short Sale-4 or 57%
Equity Sale-1 or 14%
____________________________________________________________
Financing Type
New Conv. 1st-4 or 57%
FHA Loan-3 or 43%
All Cash-none this week
____________________________________________________________
Single Family Residential
____________________________________________________________
Actives:
San Benito County-136 of which REO/Bank Owned-28 or 21%
Hollister-72 of which REO/Bank Owned-17 or 24%
Pendings:
San Benito County-209 of which REO/Bank Owned-45 or 22%
Hollister-178 of which REO/Bank Owned-38 or 21%
Absorption Rate:
San Benito County-.65 months supply of inventory or 19.5 days.
Hollister-.40 months supply of inventory or 12 days.
____________________________________________________________
Solds for the week: 9
High: $650,000 REO/Bank Owned, FHA Loan
Low: $125,000 Equity Sale, All Cash
Full-Price or Over-Asking: 2 or 22%
____________________________________________________________
Sale Type
REO: 6 or 67%
Equity Sale: 3 or 33%
Short Sale: none
____________________________________________________________
Financing Type
New Conv 1st: 2 or 22%
FHA Loan: 3 or 33%
All Cash: 4 or 44%
