Click to enlarge:

Source: Realty Trac


RealtyTrak reports that sales of homes that were in “some stage of foreclosure or bank owned” accounted for 24% of all U.S. residential sales during Q4 2011. This is an increase from 20% in Q3, but down from 26% of all sales in Q4 2010.

Total foreclosure-related sales in 2011 were 907,138 — down 2% from 2010. The average sales price of homes in foreclosure or bank owned was $164,944 in Q4, down 5% from Q4 2010.

The average price of a foreclosure-related sale was 29% below the average price of a non-foreclosure sale in Q4. That “foreclosure discount” is smaller than Q3 (34%) and down from 35% foreclosure discount the prior year.

Source: Realty Trac


Category: Markets

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2 Responses to “RealtyTrak 2011 U.S. Foreclosure Report”

  1. bear_in_mind says:

    Will be very interesting to watch these trends in 2012-13 to see if various federal “programs” and settlements result in the foreclosure trend continuing downward; or if shadow inventory finally starts to bubble to the surface and push foreclosure rates back up.

  2. DSS10 says:

    This chart needs another column for bank owned shadow inventory.