There were 1,523 Alachua County and Gainesville FL foreclosure homes in January with 231 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $136,586 compared to an average sales price of $163,202, a $26,347 savings. 1 in every 490 housing units received a foreclosure filing in January 2010.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained the same in January and the number of new foreclosures totaled 231.
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 0.05% below national statistics and 0.24% below state figures.
Alachua County & Gainesville FL Foreclosure Activity by Month
The number of Bank-owned properties decreased from 42 properties in December to 26 properties in January. The number of Auctions decreased from 58 to 41 while Pre-foreclosure activity jumped from 155 to 164.
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.