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Alachua County Foreclosure Trends – December 2009

January 29, 2010 · No Comments

There were 1,492 Alachua County foreclosure homes in December with 255 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $135,922 compared to an average sales price of $181,968, a difference of $46,046. 1 in every 443 housing units received a foreclosure filing in December 2009.

Alachua County Foreclosure Activity and Home Price Index

Home price appreciation was -0.36% in December and the number of foreclosures totaled  349,519.

forecl-dec 2009

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 Foreclosure Geographical Comparison

Alachua County foreclosures are 0.05% below national statistics and 0.42% below state figures.

geo-dec 2009

National Foreclosure Activity by Month

The number of Bank-owned properties increased from 76,701 properties in November to 92,182 properties in December. The number of Auctions increased from 115,756  to 140,352 while Pre-foreclosure activity jumped from 114,170 to 116,985.

trend-dec 2009

Are you or someone you know behind on your mortgage payments and facing a Alachua County 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.

Categories: Market Trends · North Central Florida Real Estate · Real Estate
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