Lori Uhl McClelland's Blog

Solds_for_the_week_of_05-05-12[1]

Solds_for_the_week_04-14-12[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%

Over The Fence ~ March 2012

Solds for the week 01-14-12

Single Family Residential
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Actives:
San Benito County-116 of which REO/Bank Owned-17 or 15% and Short Sale-30 or 26%
Hollister-78 of which REO/Bank Owned-15 or 19% and Short Sale-26 or 33%
 
Pendings:
San Benito County-183 of which REO/Bank Owned-25 or 14% and Short Sale-129 or 70%
Hollister-142 of which REO/Bank Owned-17 or 12% and Short Sale-103 or 73%
 
Absorption Rate:
San Benito County-.64 months supply of inventory or 19 days
Hollister-.55 months supply of inventory or 16.5 days
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Solds for the week: 7
High: $460,000 Traditional Sale, New Conv 1st
Low:  $155,000 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 2  or 28.5%
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Sale Type
REO/Bank Owned: 3 or 43%
Traditional Sale: 3 or 43%
Short Sale: 1 or 14%
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Financing Type
New Conv 1st: 4 or 57%
FHA Loan: 3 or 43%

Solds for the week 01-07-12