Lori Uhl McClelland's Blog

Solds_for_the_week_05-12-12[1]

Solds_for_the_week_of_05-05-12[1]

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%

Single Family Residential

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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
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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%
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Sale Type
Short Sale: 7 or 64%
REO/Bank Owned: 3 or 27%
Traditional Sale: 1 or 9%
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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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Single Family Residential
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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
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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%
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Sale Type:
Short Sale-5 or 56%
REO/Bank Owned-3 or 33%
Traditional Sale-1 or 11%
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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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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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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!

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Single Family Residential
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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
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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%
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Sale Type
Traditional Sale-5 or 42%
REO/Bank Owned-5 or 42%
Short Sale-2 or 17%
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Financing Type
New Conv. 1st-4 or 33%
FHA Loan-4 or 33%
All CASH-4 or 33%
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There you have it! Had my first eviction this week. Do I have a tale to tell about that!!!

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Single Family Residential
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Actives:
San Benito County-184 of which REO/Bank Owned-26 or 14%
Hollister-125 of which REO/Bank Owned-20 or 16%

Pendings:
San Benito County-162 of which REO/Bank Owned-38 or 23%
Hollister-138 of which REO/Bank Owned-32 or 23%

Absorption Rate:
San Benito County-1.13 months supply of inventory or 34-days
Hollister-.91 months supply of inventory or 27-days
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Solds for the week: 15
High: $629,000 Regular Sale, New Conv. 1st
Low:  $180,000 Short Sale, All Cash
Full-Price/Over-Asking:8 or 53%
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Sale Type:
Short Sale-8 or 53%
REO/Bank Owned-4 or 27%
Regular Sale-3 or 20%
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Financing Type:
New Conv. 1st-7 or 47%
FHA Loan-4 or 27%
All Cash-2 or 13%
VA Loan-1 or 6.5%
USDA Loan-1 or 6.5%
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