Realty World – Providence Properties

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
______________________________________________________
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%
______________________________________________________
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%

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
_______________________________________________________________
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%
_______________________________________________________________
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%