Lori Uhl McClelland's Blog » Buyers

Hollister, San Benito County Real Estate Market Update for March 17, 2012

Lori McClelland — Sat, 17 Mar 2012 15:18:51 +0000

Single Family Residential

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Actives

San Benito County-106 of which REO/Bank Owned-19 or 18%, Short Sale-27 or 25%

Hollister-65 of which REO/Bank Owned-11 or 17%, Short Sale-26 or 40%

Pendings

San Benito County-185 of which REO/Bank Owed-26 or 14%, Short Sale-114 or 62%

Hollister-151 of which REO/Bank Owned-22 or 15%, Short Sale-92 or 61%

Absorption Rate

San Benito County-.57 month’s supply of inventory or 17-Days

Hollister-.43 month’s supply of inventory or 13-Days

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Solds for the Week: 11

High: $655,000 New Conv 1st, Traditional Sale

Low: $104,900 All CASH, REO/Bank Owned

Full-Price/Over-Asking: 4 or 36%

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Sale Type

Traditional Sale: 6 or 55%

REO/Bank Owned: 5 or 45%

Short Sale: 0

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Financing Type

New Conv. 1st: 4 or 36%

FHA Loan: 3 or 27%

All CASH: 2 or 18%

VA Loan: 1 or 9%

USDA Loan: 1 or 9%

Hollister, San Benito County Real Estate Market Update for October 29th, 2011

Lori McClelland — Sat, 29 Oct 2011 14:21:20 +0000

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Single Family Residential
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Actives
San Benito County-164 of which REO/Bank Owned-30 or 18%
Hollister-113 of which REO/Bank Owned-24 or 21%

Pendings
San Benito County-191 of which REO/Bank Owned-20 or 10%
Hollister-150 of which REO/Bank Owned-14 or 9%

Absorption Rate
San Benito County-.86 months supply of inventory or 26-days
Hollister-.75 months supply of inventory or 23-days
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Solds for the week: 8
High: $575,000 Traditional Sale, New Conv 1st
Low: $220,000 Short Sale, All Cash
Full-Price/Over-Asking: 2 or 25%
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Sale Type
Traditional Sale: 4 or 50%
Short Sale: 3 or 37.5%
REO/Bank Owned: 1 or 12.5%
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Financing Type
New Conv 1st: 2 or 25%
FHA Loan: 2 or 25%
VA Loan: 2 or 25%
All Cash: 2 or 25%
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Hollister, San Benito County Real Estate Market Update for October 15, 2011

Lori McClelland — Sat, 15 Oct 2011 13:43:40 +0000

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Single Family Residential
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Actives:
San Benito County-146 of which REO/Bank Owned-21 or 14%
Hollister-103 of which REO/Bank Owned-15 or 15%

Pendings:
San Benito County-195 of which REO/Bank Owned-27 or 14%
Hollister-152 of which REO/Bank Owned-19 or 13%

Absorption Rate:
San Benito County-.75 months supply of inventory or 23-days
Hollister-.68 months supply of inventory or 20-days
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Solds for the week: 7
High: $799,900 Traditional Sale, New Conv 1st
Low: $230,000 Short Sale, VA Loan
Full-Price/Over-Asking: 1 or 14%
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Sale Type:
Traditional Sale-3 or 43%
Short Sale-3 or 43%
REO/Bank Owned-2 or 29%
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Financing Type:
New Conv 1st-4 or 57%
FHA Loan-1 or 14%
USDA Loan-1 or 14%
VA Loan-1 or 14%
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Hollister, San Benito County Real Estate Market Update for October 8th, 2011

Lori McClelland — Sat, 08 Oct 2011 13:21:40 +0000

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Single Family Residential
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Actives
San Benito County-148 of which REO/Bank Owned-21 or 14%
Hollister-106 of which REO/Bank Owned-18 or 17%

Pendings
San Benito County-191 of which REO/Bank Owned-29 or 15%
Hollister-148 of which REO/Bank Owned-19 or 13%

Absorption Rate
San Benito County-.75 months supply of inventory or 23-days
Hollister-.72 months supply of inventory or 21-days
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Solds for the week: 17 (some late reportings)
High: $715,000 REO/Bank Owned, New Conv. 1st
Low: $135,000 REO/Bank Owned, New Conv. 1st
Full-Price/Over-Asking: 7 or 41%
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Sale Type
REO/Bank Owned-8 or 41%
Traditional Sale-5 or 29%
Short Sale-4 or 24%
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Financing Type
New Conv. 1st-10 or 59%
FHA Loan-5 or 29%
USDA Loan-1 or 6%
All CASH-1 or 6%
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Hollister, San Benito County Real Estate Market Update for September 24, 2011

Lori McClelland — Sat, 24 Sep 2011 13:19:03 +0000

Image via Wikipedia

Single Family Residential
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Actives
San Benito County-156 of which REO/Bank Owned-21 or 13%
Hollister-109 of which REO/Bank Owned-16 or 15%

Pendings
San Benito County-203 of which REO/Bank Owned-36 or 18%
Hollister-156 of which REO/Bank Owned-26 or 17%

Absorption Rate
San Benito County-.77 months supply of inventory or 23-days
Hollister-.70 months supply of inventory or 21-days
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Solds for the week: 11
High: $393,000 Traditional Sale, New Conv. 1st
Low: $160,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 2 or 18%
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Sale Type
Traditional Sale: 6 or 55%
Short Sale: 4 or 36%
REO/Bank Owned: 1 or 9%
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Financing Type
New Conventional 1st: 6 or 55%
FHA Loan: 3 or 27%
USDA Loan: 1 or 9%
All CASH: 1 or 9
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The flippers appear to be alive and well this week!

Hollister, San Benito County Real Estate Market Update for September 10th, 2011

Lori McClelland — Sat, 10 Sep 2011 15:15:02 +0000

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Single Family Residential
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Actives
San Benito County-167 of which REO/Bank Owned-16 or 9.5%
Hollister-121 of which REO/Bank Owned-11 or 9%

Pendings
San Benito County-203 of which REO/Bank Owned-37 or 18%
Hollister-156 of which REO/Bank Owned-28 or 18%

Absorption Rate
San Benito County-.82 months supply of inventory or 25-days
Hollister-.77 months supply of inventory or 23-days
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Solds for the week: 2 (are you kidding me?)
High: $190,000 Short Sale, New Conv. 1st
Low: $175,000 Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: None
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Sale Type
Short Sale: 1 or 50%
Traditional Sale: 1 or 50%
REO/Bank Owned: None
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Financing Type
New Conv. 1st: 2 or 100%
FHA Loan: none
All CASH: none
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Hollister, San Benito County Real Estate Market Update for September 3rd, 2011

Lori McClelland — Sun, 04 Sep 2011 13:25:26 +0000

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Single Family Residential
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Actives
San Benito County-170 of which REO/Bank Owned-20 or 12%
Hollister-121 of which REO/Bank Owned-14 or 12%

Pendings
San Benito County-195 of which REO/Bank Owned-32 or 16%
Hollister-151 of which REO/Bank Owned-24 or 16%

Absorption Rate
San Benito County-.87 months supply of inventory or 26-days
Hollister-.80 months supply of inventory or 24-days
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Solds for the week: 13
High: $740,000 Short Sale, New Conv 1st
Low: $149,900 Short Sale, New Conv 1st
Full-Price/Over-Asking: 8 or 62%
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Sale Type
REO/Bank Owned: 6 or 46%
Short Sale: 4 or 31%
Traditional Sale: 3 or 23%
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Financing Type
New Conv 1st: 7 or 54%
FHA Loan: 3 or 23%
All CASH: 3 or 23%
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Hollister, San Benito County Real Estate Market Update for August 27, 2011

Lori McClelland — Sat, 27 Aug 2011 12:24:56 +0000

Image via Wikipedia

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
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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%
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Sale Type
Short Sale: 5 or 62.5%
Traditional Sale: 2 or 25%
REO/Bank Owned: 1 or 12.5%
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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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Hollister, San Benito County Real Estate Market Update for August 20, 2011

Lori McClelland — Sat, 20 Aug 2011 12:30:52 +0000

Image via Wikipedia

Single Family Residential
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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
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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%
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Sale Type
REO/Bank Owned: 2 or 66%
Traditional Sale: 1 or 33%
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Financing Type
New Conv 1st: 2 or 66%
All CASH: 1 or 33%
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Hollister, San Benito County Real Estate Market Update for August 13th, 2011

Lori McClelland — Sat, 13 Aug 2011 13:52:31 +0000

Image via Wikipedia

Single Family
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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
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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%
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Sale Type
REO/Bank Owned: 7 or 54%
Short Sale: 3 or 23%
Traditional Sale: 3 or 23%
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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%
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Happy to say Bye Bye to the most stressful week I think I’ve had in the business….Bye Bye Now!