Approximately 409 active foreclosures/bank repos on the market. (vs 354 in April 2009)
Approximately 308 in escrow (vs 469 in April 2009)
Recent closed sales have averaged 98.37% of asking price (vs 98.92 in April 2009)
Sales averaged approximately $264.76 per square foot (vs $260 in April 2009)
Average days on market of 66 days vs 46 days in April 2009
Latest foreclosure stats for Orange County
Recent Foreclosure Stats*
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Recent Short Sale Stats*
Approximately 1864 active short sales on the market (April 2009 there were 1829)
Approximately 1603 in escrow (keep in mind that many of the active short sales have multiple offers submitted with the bank but the seller/agent have decided to keep the status as active) April 2009 there were only 969 home in escrow
Recent closed sales have averaged 99.15% of asking price and 94.83% of the original asking price (before price reduction(s)) April 2009 numbers were 98.11% and 94.83% respectively
Sales averaged approximately $291 per square foot. (April 2009 was $273)
Average days on market of 160 days vs 123 days in April 2009
If you are interested in purchasing a Orange County bank owned foreclosure or an Orange County short sale, feel free to search all available foreclosure or short sale homes for sale conveniently organized by city and price.
Please give us a call if you have any questions or if we can get you started on a home search.
The Aaronson Group 949-388-5194 email@example.com
*Information taken from the Socal MLS 2/4/2011
Aliso Viejo, Costa Mesa, Cota De Caza, Dana Point, Hungtingon Beach, Irvine, Laguna Beach, Laguna Hills, Laguna Niguel, Lake Forest, Mission Viejo, Newport Beach, Newport Coast, Orange, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Tustin, Foothill Ranch, Ladera Ranch, Fountain Valley & Corona Del Mar