Janet Marquez's Real Estate Blog

Single Family Residential

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Active:

  San Benito County-134 of which REO/Bank Owned-25 or 19%

  Hollister-70 of which REO/Bank Owned-16 or 23%

Pending:

  San Benito County-215 of which REO/Bank Owned-50 or 23%

  Hollister-180 of which REO/Bank Owned-40 or 22%

Absorption Rate:

  San Benito County-.62 month’s supply of inventory or 19days

  Hollister-.39 month’s supply of inventory or 12days

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Solds for the week: 7 (a light week for closings)

  High-$524,700  REO/Bank Owned, New Conv. 1st

  Low-$210,000 Short Sale, FHA Loan

Full Price or Over Asking: 5 or 71%

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Sale Type

REO/Bank Owned-2 or 29%

Short Sale-4 or 57%

Equity Sale-1 or 14%

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Financing Type

New Conv. 1st-4 or 57%

FHA Loan-3 or 43%

All Cash-none this week

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Single Family Residential

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Actives:

San Benito County-136 of which REO/Bank Owned-28 or 21%

Hollister-72 of which REO/Bank Owned-17 or 24%

Pendings:

San Benito County-209 of which REO/Bank Owned-45 or 22%

Hollister-178 of which REO/Bank Owned-38 or 21%

Absorption Rate:

San Benito County-.65 months supply of inventory

or 19.5 days.

Hollister-.40 months supply of inventory

or 12 days.

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Solds for the week: 9

High: $650,000 REO/Bank Owned, FHA Loan

Low: $125,000 Equity Sale, All Cash

Full-Price or Over-Asking: 2 or 22%

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Sale Type

REO: 6 or 67%

Equity Sale: 3 or 33%

Short Sale: none

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Financing Type

New Conv 1st: 2 or 22%

FHA Loan: 3 or 33%

All Cash: 4 or 44%

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