Realty World - Providence Properties » Distressed homeowners

Hollister, San Benito County Real Estate Market Update for January 28, 2012

Lori McClelland — Sat, 28 Jan 2012 14:20:00 +0000

Solds for the week 01-28-12
Single Family Residential
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Actives
San Benito County-112 of which REO/Bank Owned-15 or 13%, Short Sales-34 or 30%
Hollister-74 of which REO/Bank Owned-13 or 18%, Short Sales-27 or 36%

Pendings
San Benito County-184 of which REO/Bank Owned-26 or 14%, Short Sales-120 or 65%
Hollister-145 of which REO/Bank Owned-18 or 12%, Short Sales-98 or 68%

Absorption Rate
San Benito County-.61 months supply of inventory or 18-days
Hollister-.51 months supply of inventory or 15-days
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Solds for the week: 5
High: $650,000 Regular Sale, New Conv 1st
Low: $225,000 Short Sale, VA Loan
Full-Price/Over-Asking: 2 or 40%
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Sale Type
Short Sale: 3 or 60%
Traditional Sale: 2 or 40%
REO/Bank Owned: None
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Financing Type
New Conv 1st: 2 or 40%
All CASH: 2 or 40%
VA Loan: 1 or 20%

Hollister, San Benito County Real Estate Market Update for January 21st, 2012

Lori McClelland — Sat, 21 Jan 2012 14:07:00 +0000

Solds for the week 01-21-12

Single Family Residential
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Actives:
San Benito County-111 of which REO/Bank Owned-16 or 14%, Short Sales-29 or 26%
Hollister-76 of which REO/Bank Owned-15 or 20%, Short Sales-26 or 34%

Pendings:
San Benito County-184 of which REO/Bank Owned-27 or 15%, Short Sales-123 or 67%
Hollister-142 of which REO/Bank Owned-18 or 13%, Short Sales-99 or 70%

Absorption Rate:
San Benito County-.60 months supply of inventory or 18-days
Hollister-.54 months supply of inventory or 16-days
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Solds for the week: 6
High: $412,000 Short Sale, FHA Loan
Low: $193,000 Traditional Sale (Flip), FHA Loan
Full-Price/Over-Asking: 3 or 50%
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Sale Type
Short Sale: 5 or 83%
Traditional Sale: 1 or 17%
REO/Bank Owned: none
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Financing Type
FHA Loan: 3 or 50%
New Conv 1st: 2 or 33%
All CASH: 1 or 17%
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Hollister, San Benito County Real Estate Market Update January 14, 2012

Lori McClelland — Sat, 14 Jan 2012 14:12:00 +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 13:30:00 +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%

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

Lori McClelland — Sat, 31 Dec 2011 15:12:00 +0000

Solds for the week 12-31-11
Single Family Residential
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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%