There were 1,508 Alachua County and Gainesville FL foreclosure homes in February with 325 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $152,254 compared to an average sales price of $168,283, a $16,030 savings. 1 in every 352 housing units received a foreclosure filing in February 2010.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in February and the number of new foreclosures totaled 325.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
Alachua County foreclosures are 0.04% above national statistics and 0.33% below state figures.
Alachua County & Gainesville FL Foreclosure Activity by Month
The number of Bank-owned properties increased from 26 properties in January to 40 properties in February. The number of Auctions increased from 41 to 108 while Pre-foreclosure activity jumped from 154 to 177.
Are you or someone you know behind on your mortgage payments and facing a Gainesville FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.