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July 24, 2011

Carmichael Foreclosures Statistics Report for June 2011

The inventory of Carmichael homes in preforeclosure, those homes that have received a notice of default, increased in June when compared to May, but decreased compared to June of last year.

The inventory of Carmichael homes that have received a notice of sale, which is the final stage before foreclosure auction, fell in slightly in June compared to May, and fell as well when compared to June of last year.

The inventory of Carmichael, California homes that have been foreclosed on fell in June when compared to May of this year and June of last year. 

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

  Total Preforclosure     Total Notice of Sale Bank Owned Inventory
June 2011 143   123 148
May 2011 127 125 164
June 2010 180 134 153
Graph of Foreclosure Filings in Carmichael,CA
Graph of Foreclosure Outcomes in Carmichael,CA
Graph of Foreclosure Inventories in Carmichael,CA

Carmichael Bank Owned Homes for Sale

 Carmichael Bank Owned Homes

  1 month 1 year 5 years
  May 11 June 11 % Change June 10 June 11 % Change June 06 June 11 % Change
For Sale 25 25 0% 44 25 -43.2% 0 25 n/a
New Listing 16 15 -6.2% 24 15 -37.5% 0 15 n/a
Sold 11 22 100% 11 22 100% 1 22 2100%
Pended 21 15 -28.6% 15 15 0% 0 15 n/a

Based off of data and graphs provided by Trendgraphix.com and Metrolist MLS, the number of bank owned homes listed for sale in Carmichael in Metrolist MLS remained even in June when compared to May, but fell compared to June of last year.

The number of new Carmichael bank owned homes that were added to the market in June remained even when compared to May, but fell compared to June of last year.

The number of Carmichael bank owned homes pending sale in June was lower when compared to May, but was the same as June of last year.

The number of bank owned Carmichael homes that sold in June was double the amount sold in May and double the amount sold in June of last year.

Carmichael Short Sale Homes for Sale

 Carmichael Short Sales

  1 month 1 year 5 years
  May 11 June 11 % Change June 10 June 11 % Change June 06 June 11 % Change
For Sale 45 37 -17.8% 41 37 -9.8% 0 37 n/a
New Listing 19 19 0% 22 19 -13.6% 0 19 n/a
Sold 9 6 -33.3% 16 6 -62.5% 0 6 n/a
Pended 24 32 33.3% 12 32 166.7% 0 32 n/a

Based off of data and graphs provided by Trendgraphix.com and Metrolist MLS, the number of short sales for sale in Carmichael in Metrolist MLS in June 2011 was lower than the number of short sales listed for sale in May and June of 2010.

The number of new Carmichael short sale homes that were added to the market in June was even with the number added in May, but was lower compared to June of last year.

The number of Carmichael short sale homes pending sale was higher in June than it was in May, and was up considerably compared to June of last year.

The number of short sale Carmichael homes that sold in June was lower than the number sold in May, and compared to the number sold in June of last year.

 

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

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