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Actives
San Benito County-175 of which REO/Bank Owned-24 or 14%
Hollister-122 of which REO/Bank Owned-16 or 13%
Pendings
San Benito County-190 of which REO/Bank Owned-33 or 17%
Hollister-150 of which REO/Bank Owned-27 or 13%
Absorption Rate
San Benito County-.92 months supply of inventory or 27-days
Hollister-.81 months supply of inventory or 24-days
____________________________________________________________
Solds for the week: 8
High:$465,000 Short Sale, New First
Low: $154,650 Short Sale, USDA Loan
Full-Price/Over-Asking: 4 or 50%
____________________________________________________________
Sale Type
Short Sale: 5 or 62.5%
Traditional Sale: 2 or 25%
REO/Bank Owned: 1 or 12.5%
____________________________________________________________
Financing Type
New Conv. 1st: 4 or 50%
All CASH: 2 or 25%
FHA Loan: 1 or 12.5%
USDA Loan: 1 or 12.5%
____________________________________________________________
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Single Family Residential
____________________________________________________________
Actives
San Benito County-176 of which REO/Bank Owned-26 or 15%
Hollister-118 of which REO/Bank Owned-15 or 13%
Pendings
San Benito County-192 of which REO/Bank Owned-30 or 16%
Hollister-156 of which REO/Bank Owned-26 or 17%
Absorption Rate
San Benito County-.92 months supply of inventory or 27-days
Hollister-.76 months supply of inventory or 23-days
____________________________________________________________
Solds for the week: 3
High: $670,000 Traditional Sale, New Conv 1st
Low: $232,300 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 1 or 33%
____________________________________________________________
Sale Type
REO/Bank Owned: 2 or 66%
Traditional Sale: 1 or 33%
____________________________________________________________
Financing Type
New Conv 1st: 2 or 66%
All CASH: 1 or 33%
____________________________________________________________
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Single Family
____________________________________________________________
Active
San Benito County-171 of which REO/Bank Owned-24 or 14%
Hollister-121 of which REO/Bank Owned-17 or 14%
Pending
San Benito County-180 of which REO/Bank Owned-31 or 17%
Hollister-140 of which REO/Bank Owned-24 or 17%
Absorption Rate
San Benito County-.95 months supply of inventory or 29 days
Hollister-.86 months supply of inventory or 26 days
____________________________________________________________
Solds for the week: 13
High: $435,000, Flip, All Cash
Low: $110,199, REO/Bank Owned, All Cash
Full-Price/Over-Asking: 5 or 38%
____________________________________________________________
Sale Type
REO/Bank Owned: 7 or 54%
Short Sale: 3 or 23%
Traditional Sale: 3 or 23%
____________________________________________________________
Financing Type
All CASH: 5 or 38%
New Conv 1st: 3 or 23%
FHA Loan: 2 or 15%
USDA Loan: 2 or 15%
VA Loan: 1 or 9%
____________________________________________________________
Happy to say Bye Bye to the most stressful week I think I’ve had in the business….Bye Bye Now!
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Single Family Residential
____________________________________________________________
Actives
San Benito County-176 of which REO/Bank Owned-26 or 15%
Hollister-122 of which REO/Bank Owned-18 or 15%
Pendings
San Benito County-179 of which REO/Bank Owned-34 or 19%
Hollister-142 of which REO/Bank Owned-27 or 19%
Absorption Rate
San Benito County-.98 months supply of inventory or 29-Days
Hollister-.86 months supply of inventory or 26 days
____________________________________________________________
Solds for the week: 15
High: $420,000 Short Sale, All Cash
Low: $188,000 Traditional Sale-Flip, VA Loan
Full-Price/Over-Asking: 8 or 53%
____________________________________________________________
Sale Type
Traditional Sale: 7 or 47%
REO/Bank Owned: 5 or 33%
Short Sale: 3 or 20%
____________________________________________________________
Financing Type
New Conv. 1st: 9 or 60%
FHA Loan: 3 or 20%
ALL Cash: 1 or 6%
USDA Loan: 1 or 6%
VA Loan: 1 or 6%
____________________________________________________________
Well..our Absorption Rate is back under 1 month supply of inventory for the county!
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Single Family Residential
____________________________________________________________
Active:
San Benito County-186 of which REO/Bank Owned-25 or 13%
Hollister-128 of which REO/Bank Owned-18 or 14%
Pending:
San Benito County-174 of which REO/Bank Owned-33 or 19%
Hollister-136 of which REO/Bank Owned-25 or 18%
Absorption Rate:
San Benito County-1.06 months supply of inventory or 32-days
Hollister-.94 months supply of inventory or 28-days
____________________________________________________________
Solds for the week: 15
High: $435,000 Short Sale, FHA Loan
Low: $112,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 9 or 60%
____________________________________________________________
Sale Type
REO/Bank Owned: 7 or 47%
Short Sale: 5 or 33%
Traditional Sale: 3 or 20%
____________________________________________________________
Financing Type
All CASH: 6 or 40%
FHA Loan: 5 or 33%
New Conv 1st: 3 or 20%
USDA Loan: 1 or 6%
____________________________________________________________
Wow! Cash was king this week….
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Single Family Residential
____________________________________________________________
Actives:
San Benito County-184 of which REO/Bank Owned-27 or 15%
Hollister-130 of which REO/Bank Owned-20 or 15%
Pendings:
San Benito County-175 of which REO/Bank Owned-34 or 19%
Hollister-133 of which REO/Bank Owned-25 or 19%
Absorption Rate:
San Benito County-1.05 months supply of inventory or 31-days
Hollister-.98 months supply of inventory or 29-days
____________________________________________________________
Solds for the week: 7
High:$600,000 Traditional Sale, New Conv 1st
Low: $182,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 3 or 43%
____________________________________________________________
Sale Type
REO/Bank Owned: 4 or 57%
Traditional Sale: 2 or 28%
Short Sale: 1 or 14%
____________________________________________________________
Financing Type
FHA Loan: 3 or 43%
New Conv 1st: 2 or 28%
USDA Loan: 1 or 14%
All Cash: 1 or 14%
____________________________________________________________
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Single Family Residential
____________________________________________________________
Actives
San Benito County-184 of which REO/Bank Owned-26 or 14%
Hollister-132 of which REO/Bank Owned-20 or 15%
Pendings
San Benito County-165 of which REO/Bank Owned-35 or 21%
Hollister-125 of which REO/Bank Owned-26 or 21%
Absorption Rate
San Benito County-1.11 months supply of inventory or 33-days
Hollister-1.05 months supply of inventory or 32-days
____________________________________________________________
Solds for the week: 15
High: $537,000 Traditional Sale, New Conv 1st
Low: $120,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 9 or 60%
____________________________________________________________
Sale Type
REO/Bank Owned: 9 or 60%
Short Sale: 5 or 33%
Traditional Sale: 1 or 6%
____________________________________________________________
Financing Type
New Conv 1st: 7 or 47%
FHA Loan: 4 or 27%
All CASH: 3 or 20%
VA Loan: 1 or 6%
____________________________________________________________
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Single Family Residential
____________________________________________________________
Actives
San Benito County-201 of which REO/Bank Owned-26 or 13%
Hollister-143 of which REO/Bank Owned-18 or 13%
Pendings
San Benito County-155 or which REO/Bank Owned-33 or 21%
Hollister-122 of which REO/Bank Owned-27 or 22%
Absorption Rate
San Bentito County-1.3 months supply of inventory or 39-days
Hollister-1.17 months supply of inventory or 35-days
____________________________________________________________
Solds for the week: 9
High: $319,000 Investor Flip, USDA Loan
Low: $200,000 Short Sale, FHA Loan
Full-Price/Over-Asking: 4 or 44%
____________________________________________________________
Sale Type
REO/Bank Owned-4 or 44%
Traditional Sale-3 or 33%
Short Sale-2 or 22%
____________________________________________________________
Financing Type
FHA Loan-4 or 44%
USDA Loan-2 or 22%
All CASH-2 or 22%
New Conv 1st-1 or 11%
____________________________________________________________
I’m BACK!!!
Image via Wikipedia
Single Family Residential
____________________________________________________________
Actives:
San Benito County-186 of which REO/Bank Owned-27 or 16%
Hollister-126 of which REO/Bank Owned-20 or 16%
Pendings:
San Benito County-161 of which REO/Bank Owned-38 or 24%
Hollister-130 of which REO/Bank Owned-30 or 23%
Absorption Rate:
San Benito County-1.16 months supply of inventory or 35-days
Hollister-.97 months supply of inventory or 29-days
____________________________________________________________
Solds for the week: 12
High: $530,000 Short Sale, New Conv. 1st
Low: $165,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 7 or 58%
____________________________________________________________
Sale Type
REO/Bank Owned: 7 or 58%
Short Sale: 3 or 25%
Traditional Sale: 2 or 17%
____________________________________________________________
Financing Type
New Conv 1st: 5 or 42%
FHA Loan: 5 or 42%
All CASH: 2 or 17%
____________________________________________________________
Image via Wikipedia
Single Family Residential
____________________________________________________________
Actives
San Benito County-191 of which REO/Bank Owned-31 or 16%
Hollister-129 of which REO/Bank Owned-23 or 18%
Pendings
San Benito County-157 of which REO/Bank Owned-34 or 22%
Hollister-129 of which REO/Bank Owned-27 or 21%
Absorption Rate
San Benito County-1.22 months supply of inventory or 36-days
Hollister-1 month supply of inventory or 30-days
____________________________________________________________
Solds for the week: 12
High: $499,000 REO/Bank Owned, New Conv. 1st
Low: $92,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 6 or 50%
____________________________________________________________
Sale Type
Traditional Sale-5 or 42%
REO/Bank Owned-5 or 42%
Short Sale-2 or 17%
____________________________________________________________
Financing Type
New Conv. 1st-4 or 33%
FHA Loan-4 or 33%
All CASH-4 or 33%
____________________________________________________________
There you have it! Had my first eviction this week. Do I have a tale to tell about that!!!
