Solds for the Week of 08-04-12

Single Family Residential
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Actives
San Benito County-91 of which REO/Bank Owned-14 or 15%, Short Sales-12 or 13%
Hollister-43 of which REO/Bank Owned-9 or 21%, Short Sales-10 or 23%
Pendings
San Benito County-175 of which REO/Bank Owned-18 or 10%, Short Sales-117 or 67%
Hollister-141 of which REO/Bank Owned-13 or 9%, Short Sales-101 or 72%
Aborption Rate
San Benito County-.52 months supply of inventory or 16-days
Hollister-.30 months supply of inventory or 9-days
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Solds for the Week: 8
High: $510,000 Short Sale, All Cash
Low: $160,000 Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: 5 or 62.5%
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Sale Type
Traditional Sale: 4 or 50%
Short Sale: 4 or 50%
REO/Bank Owned: None~first time in years!!!
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Financing Type
All Cash: 3 or 37.5%
New Conv 1st: 37.5%
FHA Loan: 1 or 12.5%
USDA Loan: 1 or 12.5%