Foreclosure Update – September

SLO_0913In September, the number of properties that received a foreclosure filing in San Luis Obispo County, CA was 24% lower than the previous month and 74% lower than the same time last year. Home sales for August 2013 were down 4% compared with the previous month, and up 20% compared with a year ago. The median sales price of a non-distressed home was $425,000. The median sales price of a foreclosure home was $345,000, or 19% lower than non-distressed home sales.

 

 

MC_0913In September, the number of properties that received a foreclosure filing in Monterey County, CA was 41% lower than the previous month and 77% lower than the same time last year. Home sales for August 2013 were down 18% compared with the previous month, and down 1%compared with a year ago. The median sales price of a non-distressed home was $383,000. The median sales price of a foreclosure home was $260,000, or 32% lower than non-distressed home sales.

 

Source: RealtyTrac.com

 

Grace Borzini

Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

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