Latest foreclosure stats for Orange County
Recent Foreclosure Stats*
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Approximately 354 (down from 418) active foreclosures/bank repos on the market
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Approximately 469 (up from 460) in escrow
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Recent closed sales have averaged 98.92% of asking price
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Sales averaged approximately $260 per square foot
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Average days on market of 46 days
Would you like the latest information for a particular area or city?
Recent Short Sale Stats*
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Approximately 1829 active short sales on the market
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Approximately 969 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)
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Recent closed sales have averaged 98.11% of asking price and 89.81% of the original asking price (before price reduction(s))
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Sales averaged approximately $273 per square foot
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Average days on market of 123 days (this amount has been decreasing month to month as banks improve efficiency)
If you are interested in purchasing a bank owned foreclosure or 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 info@previewochomes.com
*Information taken from the Socal MLS
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