Placerville Foreclosures Statistics Report for August 2011

The inventory of Placerville homes in preforeclosure, those homes that have received a notice of default, increased in August when compared to July of this year and August of last year.

The inventory of Placerville homes that have received a notice of sale, which is the final stage before foreclosure auction, decreased in August when compared to July and when compared to August of last year.

The inventory of Placerville, California homes that have been foreclosed on and are currently owned by banks increased in August compared to July and August of last year. 

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

	Total Preforclosure	Total Notice of Sale	Bank Owned Inventory
August 2011	152	79	143
July 2011	149	83	136
August 2010	127	87	121

Placerville Bank Owned Homes for Sale

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
For Sale	29	40	37.9%	32	40	25%	0	40	n/a
New Listing	19	19	0%	19	19	0%	0	19	n/a
Sold	15	12	-20%	13	12	-7.7%	0	12	n/a
Pended	15	16	6.7%	11	16	45.5%	0	16	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 Placerville in Metrolist MLS Increased in August when compared to May and compared to August of last year.

The number of new Placerville bank owned homes that were added to the market in August was the same as the number added in May and the same as the number added in August of last year as well.

The number of Placerville bank owned homes pending sale in August was slightly higher than the number pending sale in May, but was substantially higher than the number pending sale in August of last year.

The number of bank owned Placerville homes that sold in August was lower than the number sold in May and August of last year.

Placerville Short Sale Homes for Sale

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
For Sale	37	34	-8.1%	42	34	-19%	0	34	n/a
New Listing	14	16	14.3%	13	16	23.1%	0	16	n/a
Sold	10	6	-40%	4	6	50%	0	6	n/a
Pended	11	16	45.5%	6	16	166.7%	0	16	n/a

Based off of data and graphs provided by Trendgraphix.com and Metrolist MLS, the number of short sales for sale in Placerville in Metrolist MLS in August 2011 was lower than the number of short sales listed for sale in May and August of last year.

The number of new Placerville short sale homes that were added to the market in August was higher than the number added in May and the number added in August of last year.

The number of Placerville short sale homes pending sale was higher in August than it was in May and much higher than the number pending sale in August of last year.

The number of short sale Placerville homes that sold in August was lower than the number sold in May, but was higher than the number sold in August 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 in Placerville, please feel free to contact us at 916-728-1981.