San Diego Foreclosure Trends - March 2010

There were 33,236 San Diego foreclosures and 6,968 new foreclosure filings in March 2010. The average sales price of an San Diego County CA home was $426,626 and the average sales price of a foreclosed home was $310,142, a savings of $116,483 according to RealtyTrac.

San Diego Foreclosure Activity and Home Price Index

Home price appreciation decreased 0.00% in March with 6,989 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 0.09% below state figures.

San Diego Foreclosure Activity by Month

San Diego pre-foreclosure activity increased from 2,367 in February to 2,534 in March. The number of bank-owned properties increased from 878 to 1,184, while auctions increased from 2,154 to 3,250.

New Foreclosures By Area - March 2010

Solana Beach: 10
Del Mar: 16
Rancho Santa Fe: 20
Poway: 69

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. Interested in saving money with a San Diego foreclosure.