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Orange County, CA Foreclosures Sales Drop Off, PART 2

As a follow up to an earlier post about foreclosure sales volume in Orange, County, California, I have included a spreadsheet and chart to show month-by-month changes for both REO (foreclosure/bank owned) properties and non-REO sales, which would include equity sales and short sales.

REO sales

While sales figures are not complete for the month of July, 2009, the trend indicated that the number of REO sales may be around the 500 units mark or about 40% lower sales volume from the peak in March. Also note that the number of non-REOs has doubled in this 6-month snapshot.

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John Alesi - REALTOR®

CENTURY 21 Superstars

Search for homes at: www.YourOCHome.com

Posted by John Alesi (Orange County California Real Estate) on 07/17/2009 06:59 PM

Comments (3)

Foreclosures in the ActiveRain Channel

reo, foreclosure, sales, market

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3 Comments on Orange County, CA Foreclosures Sales Drop Off, PART 2

JUL

Can you make me a chart for Central Florida, Seminole or Volusia County? We were hit by foreclosures hard in Florida.

JUL

I hope the old adage " As California goes, so goes the rest of the country." As a Washingtonian, I can only hope.

JUL

Bob - Thanks for the comment.

Monika - I gathered my data from my local MLS. I don't have access to your MLS, so you'll have to do your own research. I just took the information and created a simple spreadsheet with a basic chart.

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