San Diego Foreclosure Trends - January 2010

There were 32,859 San Diego foreclosure homes and 5,299 new foreclosure filings in January 2010. The average sales price of an San Diego County CA home was $413,329 and the average sales price of a foreclosed home was $299,341, a savings of $113,988, according toRealtyTrac.com.

San Diego Foreclosure Activity and Home Price Index

Home price appreciation increased 0.07% in January with 5,299 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 0.22% above national statistics and 0.07% below state figures.

San Diego Foreclosure Activity by Month

San Diego pre-foreclosure activity dropped from 2,155 in December to 1,849 in January. The number of bank-owned properties decreased from 1,292 to 1,849, while auctions decreased from 2,730 to 2,394.

New Foreclosures By Town - January 2010

Solana Beach: 9
Del Mar: 9
Rancho Santa Fe: 15
Poway: 54

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.