% of Foreclosure Listings in the Top 5 States by Month
Today we have states that offer some possibilities of foreclosures in the market. California is the number one and this month registered 118,320 properties in foreclosure, this represents a increase of 18.61% in comparison to last month. California is followed by Florida with 94,299 foreclosed homes in this December they had more properties available in November, a 11.9% of difference. It's a similar situation of Georgia, the state has now 84,473 a gain comparing the last month, which means 11.34% up. In Michigan, we saw a difference of 30.72% up. There are 39,134 foreclosure this month and 29,937 in the last one. To finish our top list, Texas brought positive stats: 30,702 foreclosures in December against 25,449 in November - this mean a increase of 20.64%.
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Price of Foreclosure Listings in the Top 5 States by Month
Keeping with these states, we give you a report in relation of prices. Georgia didn't changed a lot in relation to last month. Nowadays, prices are over 485,860, a decrease of 8.2%. This is the same scenario in Michigan, that had a huge drop of 16.27%. In November was a $528,677, but now we have $442,639. Texas comes next, the state registered an down in the value of properties in foreclosure. The 7.32% change means that in November, the prices are up to $249,880 and now we can see numbers like $231,585. In California, the scenario changed to a negative side. A rise of 2.36% in the price, since we have $206,864 nowadays against $202,101 last month. To end the list, the informations about Florida are good. We see a change of -1.52% due to the cheap value of foreclosed homes. In November we had $152,963 and now $150,636.
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% of Foreclosure Listings in the Top 10 Cities by Month
In relation to cities in United States, there are some stats about the top five in the moment. In the first position, Phoenix had this month a number of 770 properties in foreclosure, an increase of 4.48% by taking last month as a comparison. Chicago follows in second, with a up of 9.26% and having now 755 foreclosed homes available. In third, Atlanta came up this month with 561 foreclosures, registering more 7.88% of homes in foreclosure since last month. With a big increase of 20.5% from November, Las Vegas ended up with 529 foreclosures in the market in December and the 4th position. To end the top5 list, Miami registered 464 foreclosures this month, representing a gain of 26.43% comparing to last one.
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Price of Foreclosure Listings in the Top 10 Cities by Month
By taking this top5 and talking about prices, we have Brooklyn offering properties in a medium price of $310,294 this month, representing a 4.1% up in comparison to last month. In Los Angeles, situation is the same since there is a increase of 4.1% comparing last month and the prices now are in a medium of $234,581. The third position, Detroit, registered value of $228,471 in their properties. This means less 12.05% using this month and the last one. In Houston, the medium home price in November was $181,283. Now, stats point a value of $163,576 a small drop of 9.77%. Last but not least, Miami have properties with a medium price of $139,162. This is 4.1% more expensive than last month.
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