Solds for the week 02-04-12
Single Family Residential
______________________________________________________
Actives:
San Benito County-121 of which REO/Bank Owned-13 or 11%, Short Sale-33 or 27%
Hollister-77 of which REO/Bank Owned-10 or 13%, Short Sale-27 or 35%
Pendings:
San Benito County-174 of which REO/Bank Owned-29 or 16%, Short Sale-111 or 64%
Hollister-137 of which REO/Bank Owned-22 or 16%, Short Sale-89 or 65%
Absorption Rate:
San Benito County-.70 months supply of inventory or 21-Days
Hollister-.56 months supply of inventory or 17-Days
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Solds for the week: 7
High: $360,000 Short Sale, New Conv. 1st
Low: $207,000 Short Sale, USDA Loan
Full-Price/Over-Asking: 2 or 29%
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Sale Type
Short Sale: 5 or 72%
REO/Bank Owned: 1 or 14%
Traditional Sale: 1 or 14%
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Financing Type
New Conv. 1st: 3 or 42%
FHA Loan: 2 or 29%
USDA Loan: 2 or 29%
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
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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%
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Sale Type
REO/Bank Owned: 2 or 66%
Traditional Sale: 1 or 33%
Short Sale: none
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Financing Type
New Conv. 1st: 2 or 66%
All CASH: 1 or 33%
Solds for the week 12-24-11
Single Family Residential
________________________________________________
Actives:
San Benito County-119
REO/Bank Owned-19 or 16%
Short Sales-36 or 30%
Hollister-83
REO/Bank Owned-15 or 18%
Short Sales-32 or 39%
Pendings:
San Benito County-193
REO/Bank Owned-27 or 14%
Short Sales-132 or 68%
Hollister-156
REO/Bank Owed-22 or 14%
Short Sales-108 or 69%
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 18.5 days
Hollister-.53 month’s supply of inventory or 16 days
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Solds for the week: 5
High: $568,000 REO/Bank Owned, New Conv 1st
Low: $235,000 REO/Bank Owned, New Conv 1st
Full-Price/Over-Asking: 3 or 60%
________________________________________________
Sale Type
REO/Bank Owned: 3 or 60%
Short Sale: 1 or 20%
Traditional Sale: 1 or 20%
________________________________________________
Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 2 or 40%
MERRY CHRISTMAS EVERYONE!
Solds for the week 11-26-11
Single Family Residential
_________________________________________________________________
Actives:
San Benito County-136 of which REO/Bank Owned-22 or 16%, Short Sale-40 or 29%
Hollister-96 of which REO/Bank Owned-17 or 18%, Short Sale-36 or 38%
Pendings:
San Benito County-198 of which REO/Bank Owned-29 or 15%, Short Sale-136 or 69%
Hollister-160 of which REO/Bank Owned-26 or 16%, Short Sale-111 or 63%
Absorption Rate:
San Benito County-.69 months supply of inventory or 21 days
Hollister- .6 months supply of inventory or 18 Days
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Solds for the week: 8
High: $615,000, Short Sale, New Conv. 1st
Low: $165,000, Traditional Sale, New Conv 1st
_________________________________________________________________
Sale Type:
Short Sale-4 or 50%
Traditonal Sale-4 or 50%
_________________________________________________________________
Financing Type:
New Conv. 1st-6 or 75%
FHA Loan-1 or 12.5%
VA Loan-1 or 12.5%
_________________________________________________________________
Image via Wikipedia
Image via Wikipedia
Single Family Residential
____________________________________________________________
Active
San Benito County-154 of which REO/Bank Owned-23 or 15%
Hollister-108 of which REO/Bank Owned-17 or 16%
Pendings
San Benito County-194 of which REO/Bank Owned-12 or 12%
Hollister-153 of which REO/Bank Owned-18 or 12%
Absorption Rate
San Benito County-.79 months supply of inventory or 24-days
Hollister-.71 months supply of inventory or 21-days
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Solds for the week: 14
High: $510,000 REO/Bank Owned, New Conv 1st
Low: $165,000 REO/Bank Owned, FHA Loan
Full-Price/Over-Asking: 5 or 36%
____________________________________________________________
Sale Type
REO/Bank Owned: 6 or 43%
Short Sale: 5 or 36%
Traditional Sale: 2 or 14%
____________________________________________________________
Financing Type
FHA Loan: 7 or 50%
New Conv. 1st: 4 or 29%
VA Loan: 1 or 7%
USDA Loan: 1 or 7%
VA Loan: 1 or 7%
____________________________________________________________
Image via Wikipedia
Single Family Residential
____________________________________________________________
Actives:
San Benito County-146 of which REO/Bank Owned-21 or 14%
Hollister-103 of which REO/Bank Owned-15 or 15%
Pendings:
San Benito County-195 of which REO/Bank Owned-27 or 14%
Hollister-152 of which REO/Bank Owned-19 or 13%
Absorption Rate:
San Benito County-.75 months supply of inventory or 23-days
Hollister-.68 months supply of inventory or 20-days
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Solds for the week: 7
High: $799,900 Traditional Sale, New Conv 1st
Low: $230,000 Short Sale, VA Loan
Full-Price/Over-Asking: 1 or 14%
____________________________________________________________
Sale Type:
Traditional Sale-3 or 43%
Short Sale-3 or 43%
REO/Bank Owned-2 or 29%
____________________________________________________________
Financing Type:
New Conv 1st-4 or 57%
FHA Loan-1 or 14%
USDA Loan-1 or 14%
VA Loan-1 or 14%
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Image via Wikipedia
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
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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
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The flippers appear to be alive and well this week!
Image via Wikipedia
Single Family Residential
____________________________________________________________
Actives
San Benito County-176 of which REO/Bank Owned-26 or 15%
Hollister-118 of which REO/Bank Owned-15 or 13%
Pendings
San Benito County-192 of which REO/Bank Owned-30 or 16%
Hollister-156 of which REO/Bank Owned-26 or 17%
Absorption Rate
San Benito County-.92 months supply of inventory or 27-days
Hollister-.76 months supply of inventory or 23-days
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Solds for the week: 3
High: $670,000 Traditional Sale, New Conv 1st
Low: $232,300 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 1 or 33%
____________________________________________________________
Sale Type
REO/Bank Owned: 2 or 66%
Traditional Sale: 1 or 33%
____________________________________________________________
Financing Type
New Conv 1st: 2 or 66%
All CASH: 1 or 33%
____________________________________________________________
Image via Wikipedia
Single Family Residential
____________________________________________________________
Actives
San Benito County-176 of which REO/Bank Owned-26 or 15%
Hollister-122 of which REO/Bank Owned-18 or 15%
Pendings
San Benito County-179 of which REO/Bank Owned-34 or 19%
Hollister-142 of which REO/Bank Owned-27 or 19%
Absorption Rate
San Benito County-.98 months supply of inventory or 29-Days
Hollister-.86 months supply of inventory or 26 days
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Solds for the week: 15
High: $420,000 Short Sale, All Cash
Low: $188,000 Traditional Sale-Flip, VA Loan
Full-Price/Over-Asking: 8 or 53%
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Sale Type
Traditional Sale: 7 or 47%
REO/Bank Owned: 5 or 33%
Short Sale: 3 or 20%
____________________________________________________________
Financing Type
New Conv. 1st: 9 or 60%
FHA Loan: 3 or 20%
ALL Cash: 1 or 6%
USDA Loan: 1 or 6%
VA Loan: 1 or 6%
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Well..our Absorption Rate is back under 1 month supply of inventory for the county!
Image via Wikipedia
Single Family Residential
____________________________________________________________
Active:
San Benito County-186 of which REO/Bank Owned-25 or 13%
Hollister-128 of which REO/Bank Owned-18 or 14%
Pending:
San Benito County-174 of which REO/Bank Owned-33 or 19%
Hollister-136 of which REO/Bank Owned-25 or 18%
Absorption Rate:
San Benito County-1.06 months supply of inventory or 32-days
Hollister-.94 months supply of inventory or 28-days
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Solds for the week: 15
High: $435,000 Short Sale, FHA Loan
Low: $112,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 9 or 60%
____________________________________________________________
Sale Type
REO/Bank Owned: 7 or 47%
Short Sale: 5 or 33%
Traditional Sale: 3 or 20%
____________________________________________________________
Financing Type
All CASH: 6 or 40%
FHA Loan: 5 or 33%
New Conv 1st: 3 or 20%
USDA Loan: 1 or 6%
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Wow! Cash was king this week….
