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Gainesville Foreclosure Trends – April 2009

May 31st, 2009 · 3 Comments

The number of Gainesville and Alachua County foreclosure homes dropped dramatically in April compared to the previous March with 190 new foreclosure filings in April compared to 400 filings in March, according to RealtyTrac.com.

Gainesville and Alachua County Foreclosure Activity and Home Price Index

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.

 

Gainesville and Alachua County Foreclosure Geographical Comparison

Gainesville and Alachua County foreclosure rate is .57% less than the state of Florida statistics and .10% less than national figures.

There are currently 1,156 Gainesville and Alachua County foreclosure homes with an average salesa price of $104,106. The estimated median home value in Gainesville and Alachua County is $146,619.

Are you or someone you know behind on your mortgage payments and facing a Gainesville 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) with extensive training in helping families in distress and facing possible foreclosure. Give me a call for a private consultation.

Tags: Market Trends · Real Estate