Lori Uhl McClelland's Blog » San Benito County California

Hollister, San Benito County Real Estate Market Update for May 5, 2012

Lori McClelland — Sat, 05 May 2012 14:37:57 +0000

Solds_for_the_week_of_05-05-12[1]

Single Family Residential

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Actives:

San Benito County-78 of which REO/Bank Owned-9 or 11.5%, Short Sales-15 or 19%

Hollister-42 or which REO/Bank Owned-7 or 17%, Short Sales-14 or 33%

Pendings:

San Benito County-195 of which REO/Bank Owned-30 or 15%, Short Sales-121 or 62%

Hollister-161 of which REO/Bank Owned-21 or 13%, Short Sales-104 or 65%

Absorption Rate:

San Benito County-.4 months supply of inventory or 12-Days

Hollister-.26 months supply of inventory or 7.8-Days

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Solds for the Week: 17

High: $570,000 REO/Bank Owned, New Conv 1st

Low: $162,500, REO/Bank Owned, All CASH

Full-Price/Over-Asking: 9 or 53%

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Sale Type:

REO/Bank Owned-8 or 47%

Traditional Sale-6 or 35%

Short Sales-3 or 18

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Financing Type:

New Conv 1st-6 or 35%

FHA Loan-5 or 29%

USDA Loan-24%

VA Loan-1 or 6%

All CASH-1 or 6%

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

Lori McClelland — Sat, 14 Apr 2012 13:30:12 +0000

Solds_for_the_week_04-14-12[1]

Single Family Residential

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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%

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Financing Type:

FHA Loan-2 or 40%

New Conv 1st-1 or 20%

All CASH-1 or 20%

USDA Loan-1 or 20%

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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 March 24, 2012

Lori McClelland — Sat, 24 Mar 2012 13:33:02 +0000

Hollister, San Benito County Real Estate Market Update for March 17, 2012

Lori McClelland — Sat, 17 Mar 2012 15:18:51 +0000

Single Family Residential

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Actives

San Benito County-106 of which REO/Bank Owned-19 or 18%, Short Sale-27 or 25%

Hollister-65 of which REO/Bank Owned-11 or 17%, Short Sale-26 or 40%

Pendings

San Benito County-185 of which REO/Bank Owed-26 or 14%, Short Sale-114 or 62%

Hollister-151 of which REO/Bank Owned-22 or 15%, Short Sale-92 or 61%

Absorption Rate

San Benito County-.57 month’s supply of inventory or 17-Days

Hollister-.43 month’s supply of inventory or 13-Days

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Solds for the Week: 11

High: $655,000 New Conv 1st, Traditional Sale

Low: $104,900 All CASH, REO/Bank Owned

Full-Price/Over-Asking: 4 or 36%

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Sale Type

Traditional Sale: 6 or 55%

REO/Bank Owned: 5 or 45%

Short Sale: 0

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Financing Type

New Conv. 1st: 4 or 36%

FHA Loan: 3 or 27%

All CASH: 2 or 18%

VA Loan: 1 or 9%

USDA Loan: 1 or 9%

Hollister, San Benito County Real Estate Market Update for March 10, 2012

Lori McClelland — Sat, 10 Mar 2012 15:30:43 +0000

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%

Hollister, San Benito County Real Estate Market Update for March 03, 2012

Lori McClelland — Sat, 03 Mar 2012 15:04:09 +0000

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 from Fidelity Home Warranty

Lori McClelland — Mon, 20 Feb 2012 14:04:02 +0000

Over The Fence ~ March 2012

Hollister, San Benito County Real Estate Market Update February 11, 2012

Lori McClelland — Sat, 11 Feb 2012 15:03:48 +0000

Solds for the week 02-11-12

Single Family Residential

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Actives:

San Benito County-113 of which REO/Bank Owned-13 or 11.5% and Short Sales-31 or 27%

Hollister-69 of which REO/Bank Owned-9 or 13% and Short Sales-24 or 35%

Pendings:

San Benito County-177 of which REO/Bank Owned-27 or 15% and Short Sales-113 or 64%

Hollister-141 of which REO/Bank Owned-21 or 15% and Short Sales-91 or 64.5%

Absorption Rate:

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

Hollister-.49 months supply of inventory or 15-days

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Solds for the week: 5

High: $520,000 REO/Bank Owned, New Conv 1st

Low: $194,000 Traditional Sale (Investor Flip), FHA Loan

Full-Price/Over-Asking: 1 or 20%

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Sale Type

REO/Bank Owned: 3 or 60%

Short Sale: 1 or 20%

Traditional Sale: 1 or 20%

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Financing Type

New Conv 1st: 3 or 60%

FHA Loan: 2 or 40%

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Hollister, San Benito County Real Estate Market Update January 14, 2012

Lori McClelland — Sat, 14 Jan 2012 14:12:46 +0000

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%

Hollister, San Benito County Real Estate Market Update for January 7th, 2012

Lori McClelland — Sat, 07 Jan 2012 13:30:49 +0000

Solds for the week 01-07-12

Single Family Residential

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Actives:

San Benito County- 115 of which REO/Bank Owned-19 or 16.5% and Short Sales-32 or 28%

Hollister-75 of which REO/Bank Owned-15 or 20% and Short Sales-28 or 37%

Pendings:

San Benito County-184 of which REO/Bank Owned-24 or 13% and Short Sales-130 or 71%

Hollister-145 of which REO/Bank Owned-18 or 12% and Short Sales-104 or 72%

Absorption Rate:

San Benito County-.63 months supply of inventory or 19-Days

Hollister-.52 months supply of inventory or 16-Days

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Solds for the week: 5

High: $342,000 Traditional Sale, All CASH

Low: $225,999 Short Sale, FHA Loan

Full-Price/Over-Asking: 2 or 40%

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Financing Type

All CASH: 2 or 40%

FHA Loan: 2 or 40%

New Conv. 1st: 1 or 20%

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Sale Type

Traditional Sale: 2 or 40%

Short Sale: 2 or 40%

REO/Bank Owned: 1 or 20%