There were 33,335 San Diego foreclosure homes and 5,399 new foreclosure filings in February 2010. The average sales price of an San Diego County CA home was $412,457 and the average sales price of a foreclosed home was $308,872, a savings of $103,284 according to RealtyTrac.com.
San Diego Foreclosure Activity and Home Price Index
Home price appreciation decreased 0.64% in February with 5,399 foreclosures.
San Diego County CA 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.
San Diego Foreclosure Geographical Comparison
San Diego foreclosures were 0.23% above national statistics and 0.04% below state figures.
San Diego Foreclosure Activity by Month
San Diego pre-foreclosure activity increased from 1,849 in January to 2,367 in February. The number of bank-owned properties decreased from 1,056to 878, while auctions decreased from 2,394 to 2,154.
New Foreclosures By Town - February 2010
Solana Beach: 13
Del Mar: 19
Rancho Santa Fe: 13
Are you or someone you know behind on mortgage payments and facing a foreclosure? You do have options. A short sale may be the answer to saving you, your family and even some of your credit. Give us a call for a private consultation.
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