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« Penryn, Newcastle and Loomis Real Estate Sales March - May 2011 | Main | Newcastle, CA Real Estate Statistics Report - June 2011 »

June 27, 2011

Loomis Foreclosures Statistics Report for May 2011

The inventory of Loomis homes in preforeclosure, those homes that have received a notice of default, decreased in May when compared to April and May of last year.

The inventory of Loomis homes that have received a notice of sale, which is the final stage before foreclosure auction, fell slightly in May compared to April, but increased compared to May of last year.

The inventory of Loomis, California homes that have been foreclosed on and are currently owned by banks fell slightly compared to April, but increased considerablly compared to May of last year. 

Foreclosureradar.com has reported the following foreclosure statistics for Loomis in their most recent report for May 2011.

  Total Preforclosure     Total Notice of Sale Bank Owned Inventory
May 2011 35   55 47
Apr 2011 40 57 49
May 2010 60 44 31
Graph of Foreclosure Filings in Loomis,CA
Graph of Foreclosure Outcomes in Loomis,CA
Graph of Foreclosure Inventories in Loomis,CA

Loomis Bank Owned Homes for Sale

Based off of data and graphs provided by Trendgraphix.com and Metrolist MLS, the number of bank owned homes listed for sale in Loomis in Metrolist MLS increased in May compared to February and May of last year.

The number of new Loomis bank owned homes that were added to the market in May increased when compared to February and May of last year.

The number of Loomis bank owned homes pending sale was up in May compared to February and May of last year.

The number of bank owned Loomis homes that sold in May was up compared to February and May of last year.

Loomis Bank Owned Homes 

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
For Sale 4 6 50% 6 6 0% 0 6 n/a
New Listing 3 5 66.7% 3 5 66.7% 0 5 n/a
Sold 1 4 300% 2 4 100% 0 4 n/a
Pended 3 5 66.7% 3 5 66.7% 0 5 n/a

Loomis Short Sale Homes for Sale

Based off of data and graphs provided by Trendgraphix.com and Metrolist MLS, the number of short sales for sale in Loomis in Metrolist MLS fell in May compared to February, but was down compared to May of last year.

The number of new Loomis short sale homes that were added to the market in May was up compared to the number added in February and May of last year.

The number of Loomis short sale homes pending sale was double in May what it was in February and was up considerrably compared to May of last year as well.

The number of short sale Loomis homes that sold in May was up when compared to February and May of last year.

 Loomis Short Sales

  1 quarter 1 year 6 years
  Feb 11 May 11 % Change May 10 May 11 % Change May 05 May 11 % Change
For Sale 11 12 9.1% 16 12 -25% 0 12 n/a
New Listing 5 9 80% 7 9 28.6% 0 9 n/a
Sold 4 5 25% 3 5 66.7% 0 5 n/a
Pended 4 8 100% 5 8 60% 0 8 n/a

 

If you have any questions about the statistics provided in this report, or if you are interested in buying a foreclosure home in Loomis, please feel free to contact us at 916-728-1981.

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