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

Lori McClelland — Sat, 19 May 2012 14:34:00 +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 14:02:00 +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 14:37:00 +0000

Solds_for_the_week_of_05-05-12[1]
Single Family Residential
_______________________________________________________
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 13:29:00 +0000

Solds_for_the_week_04-28-12[1]
Single Family Residential
_________________________________________________________________
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%
_________________________________________________________________
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 April 21, 2012

Lori McClelland — Sat, 21 Apr 2012 14:22:00 +0000

Solds_for_the_week_04-21-12[1]

Single Family Residential
__________________________________________________________
Actives:
San Benito County-85 of which REO/Bank Owned-15 or 18%, Short Sales-20 or 24%
Hollister-44 of which REO/Bank Owned-9 or 20%, Short Sales-16 or 36%

Pendings:
San Benito County-206 of which REO/Bank Owned-34 or 16.5%, Short Sales-120 or 58%
Hollister-174 of which REO/Bank Owned-25 or 14%, Short Sales-106 or 61%

Absorption Rate:
San Benito County-.41 months supply of inventory or 12-Days
Hollister-.25 months supply of inventory or 8-Days
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Solds for the Week: 11
High: $449,000 New Conv 1st, Traditional Sale (Flip)
Low: $110,000 All Cash, Short Sale
Full-Price/Over-Asking: 5 or 45%
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Sale Type:
Traditional Sale-7 or 64%
REO/Bank Owned-2 or 18%
Short Sale-2 or 18%
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Financing Type:
New Conv. 1st-4 or 36%
All Cash-3 or 27%
FHA Loan-2 or 18%
USDA Loan-2 or 18%
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