Lori Uhl McClelland's Blog » San Benito County

Hollister, San Benito County Real Estate Market Update for May 18, 2012

Lori McClelland — Sat, 19 May 2012 14:34:53 +0000

Official seal of County of San Benito (Photo credit: Wikipedia)

Solds_for_the_week_05-19-12[1]

Single Family Residential

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Actives

San Benito County-82 of which REO/Bank Owned-14 or 17%, Short Sales-12 or 15%

Hollister-41 of which REO/Bank Owned-11 or 27%, Short Sales-10 or 24%

Pendings

San Benito County-192 of which REO/Bank Owned-28 or 15%, Short Sales-123 or 64%

Hollister-159 of which REO/Bank Owned-20 or 13%, Short Sales-104 or 65%

Absorption Rate

San Benito County-.43 months supply of inventory or 13-Days

Hollister-.26 months supply of inventory or 8-Days

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Solds for the Week: 8

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

Low: $212,000 FHA Loan, REO/Bank Owned

Full-Price/Over-Asking: 6 or 75%

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Sale Type

Traditional Sale-3 or 37.5%

Short Sale-3 or 37.5%

REO/Bank Owned-2 or 25%

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Financing Type

New Conv 1st-5 or 62.5%

FHA Loan-3 or 37/5%

Hollister, San Benito County Real Estate Market Update for May 12, 2012

Lori McClelland — Sat, 12 May 2012 14:02:38 +0000

Solds_for_the_week_05-12-12[1]

Single Family Residential

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Actives:

San Benito County-82 of which REO/Bank Owned-13 or 16%, Short Sales-13 or 16%

Hollister-43 of which REO/Bank Owned-9 or 21%, Short Sales-12 or 28%

Pendings:

San Benito County-191 of which REO/Bank Owned-29 or 15%, Short Sales-121 or 63%

Hollister-157 of which REO/Bank Owned-21 or 13%, Short Sales-102 or 65%

Absorption Rate:

San Benito County-.43 months supply of inventory or 13-Days

Hollister-.27 months supply of inventory or 8-Days

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Solds for the week: 9

High:$480,000 FHA Loan, Traditional Sale (new construction)

Low: $185,400 FHA Loan, Traditional Sale

Full-Price/Over-Asking: 5 or 55%

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Sale Type:

Traditional Sale-5 or 55%

Short Sale-3 or 33%

REO/Bank Owned-1 or 11%

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Financing Type:

FHA Loan-5 or 55%

New Conv 1st-3 or 33%

All CASH-1 or 11%

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 28, 2012

Lori McClelland — Sat, 28 Apr 2012 13:29:16 +0000

Solds_for_the_week_04-28-12[1]

Single Family Residential

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Actives:

San Benito County-80 of which REO/Bank Owned-11 or 14%, Short Sales-17 or 21%

Hollister-43 of which REO/Bank Owned-7 or 16%, Short Sales-14 or 33%

Pendings:

San Benito County-208 of which REO/Bank Owned-38 or 18%, Short Sales-123 or 59%

Hollister-172 of which REO/Bank Owned-27 or 16%, Short Sales-108 or 63%

Absorption Rate:

San Benito County-.38 months supply of inventory or 11.5 Days

Hollister-.25 months supply of inventory or 7.5 Days

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Solds for the Week: 8

High: $760,000 Short Sale, New Conv 1st

Low: $170,100 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%

_________________________________________________________________

Financing Type:

New Conv 1st-5 or 62.5%

All Cash-3 or 37.5%

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 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%

________________________________________________________

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 Market Update for February 18, 2012

Lori McClelland — Sat, 18 Feb 2012 14:33:43 +0000

Solds for the week 02-18-12

Single Family Residential
___________________________________________________________
Actives:
San Benito County-113 of which REO/Bank Owned-18 and Short Sales-27 or 24%
Hollister-72 of which REO/Bank Owned-13 or 18% and Short Sales-23 or 32%

Pendings:
San Benito County-177 of which REO/Bank Owned-24 or 14% and Short Sales-113 or 68%
Hollister-140 of which REO/Bank Owned-17 or 12% and Short Sales-92 or 64%

Absorption Rate:
San Benito County-.64 months supply of inventory or 19-Days
Hollister-.51 months supply of inventory or 15-Days
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Solds for the Week: 12
High: $780,000 Short Sale, New Conv. 1st
Low: $65,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 7 or 58%
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Sale Type:
Short Sales: 7 or 58%
REO/Bank Owned: 4 or 33%
Traditional Sale: 1 or 8%
___________________________________________________________
Financing Type:
New Conv. 1st: 5 or 42%
FHA Loan: 2 or 16.5%
USDA Loan: 2 or 16.5%
All CASH: 2 or 16.5%
Seller Financing: 1 or 8%
___________________________________________________________

Hollister, San Benito County Real Estate Market Update for February 4th, 2012

Lori McClelland — Sat, 04 Feb 2012 14:18:27 +0000

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%

______________________________________________________

Financing Type

New Conv. 1st: 3 or 42%

FHA Loan: 2 or 29%

USDA Loan: 2 or 29%

Hollister, San Benito County Real Estate Market Update for December 31st, 2011

Lori McClelland — Sat, 31 Dec 2011 15:12:30 +0000

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

_______________________________________________________________

Financing Type

New Conv. 1st: 2 or 66%

All CASH: 1 or 33%

Hollister, San Benito County Real Estate Market Update for December 24, 2011

Lori McClelland — Sat, 24 Dec 2011 14:44:48 +0000

Solds for the week 12-24-11

Single Family Residential

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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%

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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!