Comments Off | Saturday, March 26, 2011
Single Family Residential
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Actives
San Benito County-171 of which REO/Bank Owned-24 or 14%
Hollister-111 of which REO/Bank Owned-20 or 18%
Pendings
San Benito County-187 of which REO/Bank Owned-45 or 24%
Hollister-154 of which REO/Bank Owned-39 or 25%
Absorption Rate
San Benito County-.91 months supply of inventory or 27-days
Hollister-.72 months supply of inventory or 22-days
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Solds for the week: 15 (3 late reportings or 20%)
High: $535,000 Short Sale, New Conv. 1st
Low: $141,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 4 or 27%
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Sale Type
REO/Bank Owned: 10 or 66%
Short Sale: 4 or 27%
Equity Sale: 1 or 7%
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Financing Type
FHA Loan: 8 or 53%
New Conv. 1st: 5 or 33%
All Cash: 2 or 13%
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Absorption Rate is back under a one month supply of inventory….Things that make ya go hummmmmm












