Lori Uhl McClelland's Blog

Single Family Residential

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Actives:

San Benito County-153 of which REO/Bank Owned-22 or 14%

Hollister-91 of which REO/Bank Owned-18 or 20%

Pendings:

San Benito County-224 of which REO/Bank Owned-37 or 17%

Hollister-185 of which REO/Bank Owned-30 or 16%

Absorption Rate:

San Benito County-.68 months supply of inventory or 14-Days

Hollister-.49 months supply of inventory or 15-Days

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Solds for the week: 18

High-$499,900 Equity Sale-New Construction, FHA Loan

Low-$205,000 Equity Sale, FHA Loan

Full-Price or Over-Asking: 11 or 61%

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Sale Type

Equity Sale-8 or 44% (4 New Construction-Anderson Homes)

REO/Bank Owned-7 or 39%

Short Sale-3 or 17%

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Financing Type

New Conventional 1st-9 or 50%

FHA Loan-7 or 39%

VA Loan-1 or 6%

All CASH-1 or 6%