Posts Tagged ‘Distressed Property Expert Hollister’

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

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Solds_for_the_week_04-28-12[1]

Single Family Residential
_________________________________________________________________
Actives:
San Benito County-80 of which REO/Bank Owned-11 or 14%, Short Sales-17 or 21%
Hollister-43 of which REO/Bank Owned-7 or 16%, Short Sales-14 or 33%
 
Pendings:
San Benito County-208 of which REO/Bank Owned-38 or 18%, Short Sales-123 or 59%
Hollister-172 of which REO/Bank Owned-27 or 16%, Short Sales-108 or 63%
 
Absorption Rate:
San Benito County-.38 months supply of inventory or 11.5 Days
Hollister-.25 months supply of inventory or 7.5 Days
_________________________________________________________________
Solds for the Week: 8
High: $760,000 Short Sale, New Conv 1st
Low:  $170,100 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 4 or 50%
_________________________________________________________________
Sale Type:
Short Sale-3 or 37.5%
Traditional Sale-3 or 37.5%
REO/Bank Owned-2 or 25%
_________________________________________________________________
Financing Type:
New Conv 1st-5 or 62.5%
All Cash-3 or 37.5%

Hollister, San Benito County Real Estate Market Update for April 14th, 2012

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Solds_for_the_week_04-14-12[1]

Single Family Residential
___________________________________________________________
Actives:
San Benito County-82 of which REO/Bank Owned-11 or 13%, Short Sales-21 or 26%
Hollister-43 of which REO/Bank Owned-8 or 19%,  Short Sales-15 or 35%
 
Pendings:
San Benito County-209 of which REO/Bank Owned-35 or 17%, Short Sales-116 or 56%
Hollister-173 of which REO/Bank Owned-23 or 13%, Short Sales-103 or 60%
 
Absorption Rate:
San Benito County-.39 months supply of inventory or 12-Days
Hollister-.25 months supply of inventory or 7.5-Days
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Solds for the Week: 5
High: $350,000 Short Sale, USDA Loan
Low:  $210,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 2 or 40%
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Sale Type:
REO/Bank Owned-2 or 40%
Short Sales-2 or 40%
Traditional Sale-1 or 20%
____________________________________________________________
Financing Type:
FHA Loan-2 or 40%
New Conv 1st-1 or 20%
All CASH-1 or 20%
USDA Loan-1 or 20%
____________________________________________________________
Wow! our inventory is officially pathetic in my opinion…if you’re a buyer anyway…not so much if you’re a seller…

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 November 5, 2011

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Single Family Residential

____________________________________________________________
Actives
San Benito County-162 of which REO/Bank Owned-27 or 17%
Hollister-111 of which REO/Bank Owned-23 or 21%

Pendings
San Benito County-189 of which REO/Bank Owned-24 or 13%
Hollister-148 of which REO/Bank Owned-18 or 12%

Absorption Rate
San Benito County-.86 months supply of inventory or 26-days
Hollister-.75 months supply of inventory or 23-days
____________________________________________________________
Solds for the week: 11
High: $470,000 Short Sale, VA Loan
Low:  $160,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 7 or 64%
____________________________________________________________
Sale Type
Short Sale: 7 or 64%
REO/Bank Owned: 3 or 27%
Traditional Sale: 1 or 9%
____________________________________________________________
Financing Type
FHA Loan: 5 or 46%
New Conv 1st: 4 or 36%
VA Loan: 1 or 9%
All CASH: 1 or 9%
____________________________________________________________

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

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Official seal of County of San Benito

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Single Family Residential
____________________________________________________________
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
____________________________________________________________
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%
____________________________________________________________
Sale Type
Traditional Sale: 4 or 50%
Short Sale: 3 or 37.5%
REO/Bank Owned: 1 or 12.5%
____________________________________________________________
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 8th, 2011

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Official seal of County of San Benito

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Single Family Residential
____________________________________________________________
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
____________________________________________________________
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%
____________________________________________________________
Sale Type
REO/Bank Owned-8 or 41%
Traditional Sale-5 or 29%
Short Sale-4 or 24%
____________________________________________________________
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 October 1, 2011

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Official seal of County of San Benito

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Single Family Residential
____________________________________________________________
Actives
San Benito Co-155 of which REO/Bank Owned-21 or 14%
Hollister-110 of which REO/Bank Owned-16 or 15%

Pendings
San Benito Co-193 of which REO/Bank Owned-34 or 18%
Hollister-149 of which REO/Bank Owned-24 or 16%

Absorption Rate
San Benito Co-.80 months supply of inventory or 24-days
Hollister-.74 months supply of inventory or 22-days
____________________________________________________________
Solds for the week: 17
High: $545,000 Short Sale, New Conv 1st
Low:  $ 81,871 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 12 or 70%
____________________________________________________________
Sale Type
Short Sale: 11 or 65%
REO/Bank Owned: 4 or 24%
Traditional Sale: 2 or 12%
____________________________________________________________
Financing Type
FHA Loan: 8 or 47%
New Conv 1st: 7 or 41%
VA 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

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Official seal of County of San Benito

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Single Family Residential
____________________________________________________________
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
____________________________________________________________
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%
____________________________________________________________
Sale Type
Traditional Sale: 6 or 55%
Short Sale: 4 or 36%
REO/Bank Owned: 1 or 9%
____________________________________________________________
Financing Type
New Conventional 1st: 6 or 55%
FHA Loan: 3 or 27%
USDA Loan: 1 or 9%
All CASH: 1 or 9
____________________________________________________________
The flippers appear to be alive and well this week!

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

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Official seal of County of San Benito

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Single Family Residential
____________________________________________________________
Actives:
San Benito County-167 of which REO/Bank Owned-22 or 13%
Hollister-120 of which REO/Bank Owned-16 or 13%

Pendings:
San Benito County-203 of which REO/Bank Owned-33 or 16%
Hollister-157 of which REO/Bank Owned-25 or 16%

Absorption Rate:
San Benito County-.82 months suppply of inventory or 25-days
Hollister-.76 months supply of inventory or 23-days
____________________________________________________________
Solds for the week: 9
High: $397,000 Short Sale, New Conv 1st
Low:  $182,000 REO/Bank Owned, USDA Loan
Full-Price/Over-Asking Price: 7 or 78%
____________________________________________________________
Sale Type:
Short Sale-5 or 56%
REO/Bank Owned-3 or 33%
Traditional Sale-1 or 11%
____________________________________________________________
Financing Type:
New Conv 1st-4 or 44%
FHA Loan-2 or 22%
USDA Loan-2 or 22%
All CASH-2 or 22%
____________________________________________________________

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Hollister, San Benito County Real Estate Market Update for August 13th, 2011

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Official seal of County of San Benito

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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%
____________________________________________________________
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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