Lori Uhl McClelland's Blog

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

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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 02-25-12

Single Family Residential
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Actives
San Benito County-121 of which REO/Bank Owned-19 or 16%, Short Sales-33 or 27%
Hollister-79 of which REO/Bank Owned-15 or 19%, Short Sales-27 or 34%
 
Pendings
San Benito County-181 of which REO/Bank Owned-29 or 16%, Short Sales-112 or 62%
Hollister-144 of which REO/Bank Owned-21 or 15%, Short Sales-92 or 64%
 
Absorption Rate
San Benito County-.67 month’s supply of inventory or 20-Days
Hollister-.55 month’s supply of inventory or 16-Days
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Sold’s for the week: 3
High: $365,000  Traditional Sale (Flip), New Conv. 1st
Low:  $265,000  Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: 1 or 33%
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Sale Type
Traditional Sale: 2 or 66%
Short Sale: 1 or 33%
REO/Bank Owned: 0
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Financing Type
New Conv. 1st: 2 or 66%
VA Loan: 1 or 33%
FHA Loan: 0
All CASH: 0
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Solds for the week 02-18-12

Single Family Residential
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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%
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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%
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Solds for the week 01-28-12

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