Florida foreclosure sales down by 22.4%

Foreclosures sales in Florida dropped 22.4 percent in the second quarter of the year compared to the same period in 2010, according to a report from foreclosure real estate listings database RealtyTrac released today. 

There were a total of 34,558 foreclosure sales in Florida in the second quarter, the second-highest number per state in the U.S., with an average sales price of $114,894. 

Nationally, foreclosure sales fell 11 percent from the second quarter of 2010, although they saw a 6.48 percent increase from the first quarter of 2011.