Archive for the ‘Bank Owned Homes’ Category

Hollister, San Benito County Real Estate Market Update for January 28, 2012

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Solds for the week 01-28-12

Single Family Residential
_____________________________________________________
Actives
San Benito County-112 of which REO/Bank Owned-15 or 13%, Short Sales-34 or 30%
Hollister-74 of which REO/Bank Owned-13 or 18%, Short Sales-27 or 36%
 
Pendings
San Benito County-184 of which REO/Bank Owned-26 or 14%, Short Sales-120 or 65%
Hollister-145 of which REO/Bank Owned-18 or 12%, Short Sales-98 or 68%
 
Absorption Rate
San Benito County-.61 months supply of inventory or 18-days
Hollister-.51 months supply of inventory or 15-days
_____________________________________________________
Solds for the week: 5
High: $650,000 Regular Sale, New Conv 1st
Low:  $225,000 Short Sale, VA Loan
Full-Price/Over-Asking: 2 or 40%
_____________________________________________________
Sale Type
Short Sale: 3 or 60%
Traditional Sale: 2 or 40%
REO/Bank Owned: None
_____________________________________________________
Financing Type
New Conv 1st: 2 or 40%
All CASH: 2 or 40%
VA Loan: 1 or 20%

Hollister, San Benito County Real Estate Market Update for January 21st, 2012

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Single Family Residential
_______________________________________________________
Actives:
San Benito County-111 of which REO/Bank Owned-16 or 14%, Short Sales-29 or 26%
Hollister-76 of which REO/Bank Owned-15 or 20%, Short Sales-26 or 34%
 
Pendings:
San Benito County-184 of which REO/Bank Owned-27 or 15%, Short Sales-123 or 67%
Hollister-142 of which REO/Bank Owned-18 or 13%, Short Sales-99 or 70%
 
Absorption Rate:
San Benito County-.60 months supply of inventory or 18-days
Hollister-.54 months supply of inventory or 16-days
______________________________________________________
Solds for the week: 6
High: $412,000 Short Sale, FHA Loan
Low:  $193,000 Traditional Sale (Flip), FHA Loan
Full-Price/Over-Asking: 3 or 50%
______________________________________________________
Sale Type
Short Sale: 5 or 83%
Traditional Sale: 1 or 17%
REO/Bank Owned: none
_____________________________________________________
Financing Type
FHA Loan: 3 or 50%
New Conv 1st: 2 or 33%
All CASH: 1 or 17%
_____________________________________________________

Hollister, San Benito County Real Estate Market Update January 14, 2012

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Solds for the week 01-14-12

Single Family Residential
_____________________________________________
Actives:
San Benito County-116 of which REO/Bank Owned-17 or 15% and Short Sale-30 or 26%
Hollister-78 of which REO/Bank Owned-15 or 19% and Short Sale-26 or 33%
 
Pendings:
San Benito County-183 of which REO/Bank Owned-25 or 14% and Short Sale-129 or 70%
Hollister-142 of which REO/Bank Owned-17 or 12% and Short Sale-103 or 73%
 
Absorption Rate:
San Benito County-.64 months supply of inventory or 19 days
Hollister-.55 months supply of inventory or 16.5 days
_____________________________________________
Solds for the week: 7
High: $460,000 Traditional Sale, New Conv 1st
Low:  $155,000 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 2  or 28.5%
_____________________________________________
Sale Type
REO/Bank Owned: 3 or 43%
Traditional Sale: 3 or 43%
Short Sale: 1 or 14%
_____________________________________________
Financing Type
New Conv 1st: 4 or 57%
FHA Loan: 3 or 43%

Hollister, San Benito County Real Estate Market Update for January 7th, 2012

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Solds for the week 01-07-12

Single Family Residential
_______________________________________________________
Actives:
San Benito County- 115 of which REO/Bank Owned-19 or 16.5% and Short Sales-32 or 28%
Hollister-75 of which REO/Bank Owned-15 or 20% and Short Sales-28 or 37%
 
Pendings:
San Benito County-184 of which REO/Bank Owned-24 or 13% and Short Sales-130 or 71%
Hollister-145 of which REO/Bank Owned-18 or 12% and Short Sales-104 or 72%
 
Absorption Rate:
San Benito County-.63 months supply of inventory or 19-Days
Hollister-.52 months supply of inventory or 16-Days
______________________________________________________
Solds for the week: 5
High: $342,000 Traditional Sale, All CASH
Low:  $225,999 Short Sale, FHA Loan
Full-Price/Over-Asking: 2 or 40%
______________________________________________________
Financing Type
All CASH: 2 or 40%
FHA Loan: 2 or 40%
New Conv. 1st: 1 or 20%
______________________________________________________
Sale Type
Traditional Sale: 2 or 40%
Short Sale: 2 or 40%
REO/Bank Owned: 1 or 20%

Hollister, San Benito County Real Estate Market Update for December 31st, 2011

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Solds for the week 12-31-11

Single Family Residential
______________________________________________________________
Actives:
San Benito County-117 of which REO/Bank Owned-20 or 17%, Short Sales-30 or 26%
Hollister-76 of which REO/Bank Owned-15 or 20%, Short Sales-25 or 33%
 
Pendings:
San Benito County-192 of which REO/Bank Owned-24 or 12.5%, Short Sales-135 or 70%
Hollister-158 of which REO/Bank Owned-20 or 13%, Short Sales-112 or 71%
 
Absorption Rate:
San Benito County-.61 months supply of inventory or 18-days
Hollister-.48 months supply of inventory or 14.5-days
_______________________________________________________________
Solds for the week: 3
High: $295,000, REO/Bank Owned, New Conv. 1st
Low:  $220,000 Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: 1 or 33%
_______________________________________________________________
Sale Type
REO/Bank Owned: 2 or 66%
Traditional Sale: 1 or 33%
Short Sale: none
_______________________________________________________________
Financing Type
New Conv. 1st: 2 or 66%
All CASH: 1 or 33%

Hollister, San Benito County Real Estate Market Update for December 24, 2011

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Solds for the week 12-24-11

Single Family Residential
________________________________________________
Actives:
San Benito County-119
REO/Bank Owned-19 or 16%
Short Sales-36 or 30%
 
Hollister-83
REO/Bank Owned-15 or 18%
Short Sales-32 or 39%
 
Pendings:
San Benito County-193
REO/Bank Owned-27 or 14%
Short Sales-132 or 68%
 
Hollister-156
REO/Bank Owed-22 or 14%
Short Sales-108 or 69%
 
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 18.5 days
Hollister-.53 month’s supply of inventory or 16 days
________________________________________________
Solds for the week: 5
High: $568,000 REO/Bank Owned, New Conv 1st
Low:  $235,000 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 3 or 60%
________________________________________________
Sale Type
REO/Bank Owned: 3 or 60%
Short Sale: 1 or 20%
Traditional Sale: 1 or 20%
________________________________________________
Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 2 or 40%
 
MERRY CHRISTMAS EVERYONE!

Hollister, San Benito County Real Estate Market Update for December 17, 2011

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Solds for the week 12-17-11

Single Family Residential
___________________________________________________________________
Actives
San Benito County-132 of which REO/Bank Owned-20 or 15% ~ Short Sales-39 or 29.5%
Hollister-92 of which REO/Bank Owned-14 or 15% ~ Short Sales-35 or 38%
 
Pendings
San Benito County-186 of which REO/Bank Owned-28 or 15% ~ Short Sales-130 or 70%
Hollister- 150 of which REO/Bank Owned-24 or 16% ~ Short Sales-106 or 71%
 
Absorption Rate
San Benito County-.71 months supply of inventory or 21-days
Hollister- .61 months supply of inventory or 18-days
____________________________________________________________________
Solds for the week: 5
High- $625,000 Short Sale, All CASH
Low-  $175,000 Short Sale, New Conv 1st
Full-Price/Over-Asking: 4 or 80%
____________________________________________________________________
Sale Type
Short Sale-4 or 80%
REO/Bank Owed-1 or 20%
____________________________________________________________________
Financing Type
New Conv 1st-2 or 40%
FHA Loan-1 or 20%
VA Loan-1 or 20%
All CASH-1 or 20%
 

It’s A Good Life! That’s For Sure

Hollister, San Benito County Real Estate Market Update for 12-10-11

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Market Update for 12-10-11

Good Morning ~ since I missed last Saturday here’s the numbers for the last 14 days!
______________________________________________________________________
Actives:
San Benito County-136 of which REO/Bank Owned-26 or 19% and Short Sales-39 or 27%
Hollister-96 of which REO/Bank Owned-19 or 20% and Short Sales-37 or 39%
 
Pendings:
San Benito County-181 of which REO/Bank Owned-22 or 12% and Short Sales-131 or 72%
Hollister-146 of which REO/Bank Owned-19 or 13% and Short Sales-107 or 73%
 
Absorption Rate:
San Benito County-.75 months supply of inventory or 22.5 Days
Hollister-.66 months supply of inventory or 20 Days
_______________________________________________________________________
Solds for the last 2 weeks: 31
High: $520,000 Investor Flip, All CASH
Low:  $90,000   Estate Sale, All CASH
Full-Price/Over-Asking: 16 or 51%
_______________________________________________________________________
Sale Type:
Short Sale-12 or 39%
Traditional Sale-10 or 32%
REO/Bank Owned-9 or 29%
_______________________________________________________________________

 

Official seal of County of San Benito

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New Conv. 1st-11 or 35%
All CASH-8 or 26%
FHA Loan-7 or 23%
VA Loan-3 or 11%
USDA Loan-2 or 6%
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Hollister, San Benito County Real Estate Market Update for November 26, 2011

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Solds for the week 11-26-11

Single Family Residential
_________________________________________________________________
Actives:
San Benito County-136 of which REO/Bank Owned-22 or 16%, Short Sale-40 or 29%
Hollister-96 of which REO/Bank Owned-17 or 18%, Short Sale-36 or 38%

Pendings:
San Benito County-198 of which REO/Bank Owned-29 or 15%, Short Sale-136 or 69%
Hollister-160 of which REO/Bank Owned-26 or 16%, Short Sale-111 or 63%

Absorption Rate:
San Benito County-.69 months supply of inventory or 21 days
Hollister- .6 months supply of inventory or 18 Days
_________________________________________________________________
Solds for the week: 8
High: $615,000, Short Sale, New Conv. 1st
Low: $165,000, Traditional Sale, New Conv 1st
_________________________________________________________________
Sale Type:
Short Sale-4 or 50%
Traditonal Sale-4 or 50%
_________________________________________________________________
Financing Type:
New Conv. 1st-6 or 75%
FHA Loan-1 or 12.5%
VA Loan-1 or 12.5%
_________________________________________________________________

Official seal of County of San Benito

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Hollister, San Benito County Real Estate Market Update for November 19th, 2011

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SINGLE FAMILY RESIDENTIAL

ACTIVES

San Benito County-146 of which REO/Bank Owned-26 or 18%  and Short Sale-46 or 32%

Hollister-102 of which REO/Bank Owned-21 or 21% and Short Sale-37 or 36%

PENDINGS

San Benito County-196 of which REO/Bank Owned-27 or 14% and Short Sale-132 or 67%

Hollister-158 of which REO/Bank Owned-23 or 15% and Short Sale-109 or 69%

ABSORPTION RATE

San Benito County-.75 month’s supply of inventory or 22.5 days

Hollister-.65 month’s supply of inventory or 19 days

Sold’s for the week: 12

High: $650,000  Short Sale, New Conv 1st

Low: $90,000   REO/Bank Owned, All CASH

Full-Price/Over-Asking: 3 or 25%

Sale Type

REO/Bank Owned: 5 or 42%

Short Sale: 3 or 25%

Traditional Sale: 4 or 33%

Financing Type

New Conv 1st : 7 or 58%

FHA Loan: 3 or 25%

All CASH: 2 or 17%

Solds for the week 11-19-11

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