Lori Uhl McClelland's Blog

Official seal of County of San Benito (Photo credit: Wikipedia)

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Single Famiy Residential

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Actives

San Benito County-119 of which REO/Bank Owned-27 or 23%, Short Sales-30 or 2%

Hollister-79 of which REO/Bank Owned-19 or 24%, Short Sales-28 or 35%

Pendings

San Benito County-186 of which REO/Bank Owned-25 or 13%, Short Sales-114 or 61%

Hollister-149 of which REO/Bank Owned-20 or 13%, Short Sales-91 or 61%

Absorption Rate

San Benito County-.64 months supply of inventory or 19-days

Hollister-.53 months supply of inventory or 16-days

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Solds for the week: 8

High: $290,000 Short Sale, New Conv. 1st

Low: $86,500 REO/Bank Owned, All CASH

Full-Price/Over-Asking: 4 or 50%

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Sale Type

Short Sale: 3 or 37.5%

Traditional Sale: 3 or 37.5%

REO/Bank Owned: 2 or 25%

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Financing Type

All CASH: 3 or 37.5%

FHA Loan: 2 or 25%

USDA Loan: 2 or 25%

New Conv. 1st: 1 or 12.5%

Solds for the week 03-03-12

Single Family Residential

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Actives

San Benito County: 122 of which REO/Bank Owned-26 or 21%, Short Sales-31 or 25%

Hollister: 83 of which REO/Bank Owned-20 or 24%, Short Sales-27 or 32.5%

Pendings

San Benito County: 179 of which REO/Bank Owned-26 or 14.5%, Short Sales-112 or 62.5%

Hollister: 143 of which REO/Bank Owned-20 or 14%, Short Sales-91 or 64%

Absorption Rate

San Benito County: .68 months supply of inventory or 20-Days

Hollister: .58 months supply of inventory or 17-Days

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Solds for the week: 12

High: $435,000 Traditional Sale, FHA Loan

Low: $86,000, Short Sale, All CASH

Full-Price/Over-Asking: 6 or 50%

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Sale Type

Short Sales: 5 or 42%

Traditional Sales: 4 or 33%

REO/Bank Owned: 3 or 25%

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Financing Type

New Conventional 1st: 5 or 42%

FHA Loan: 4 or 33%

All CASH: 2 or 17%

VA Loan: 1 or 8%

Solds for the week 02-18-12

Single Family Residential
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Actives:
San Benito County-113 of which REO/Bank Owned-18 and Short Sales-27 or 24%
Hollister-72 of which REO/Bank Owned-13 or 18% and Short Sales-23 or 32%
 
Pendings:
San Benito County-177 of which REO/Bank Owned-24 or 14% and Short Sales-113 or 68%
Hollister-140 of which REO/Bank Owned-17 or 12% and Short Sales-92 or 64%
 
Absorption Rate:
San Benito County-.64 months supply of inventory or 19-Days
Hollister-.51 months supply of inventory or 15-Days
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Solds for the Week: 12
High: $780,000 Short Sale, New Conv. 1st
Low:  $65,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 7 or 58%
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Sale Type:
Short Sales: 7 or 58%
REO/Bank Owned: 4 or 33%
Traditional Sale: 1 or 8%
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Financing Type:
New Conv. 1st: 5 or 42%
FHA Loan: 2 or 16.5%
USDA Loan: 2 or 16.5%
All CASH: 2 or 16.5%
Seller Financing: 1 or 8%
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