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October 31, 2011

Lincoln, CA Foreclosures Statistics Report for September 2011

The inventory of LIncoln, CA homes in preforeclosure, those homes that have received a notice of default, dropped dramatically in September when compared to August of this year and September of last year.

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

The inventory of Lincoln, California homes that have been foreclosed on and are currently owned by banks decreased in September compared to August of this year and September of last year. 

Foreclosureradar.com has reported the following foreclosure statistics for Lincoln, CA in their most recent report for September 2011.

  Total Preforclosure     Total Notice of Sale Bank Owned Inventory
September 2011 208 196 198
August 2011 300 230 206
September 2010 373 309 238
Graph of Foreclosure Filings in Lincoln,CA
Graph of Foreclosure Outcomes in Lincolnm, CA
Graph of Foreclosure Inventories in Lincoln,CA

Lincoln Bank Owned Homes for Sale

Lincoln CA Bank Owned Homes

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
For Sale 37 34 -8.1% 54 34 -37% 0 34 n/a
New Listing 29 31 6.9% 33 31 -6.1% 0 31 n/a
Sold 28 29 3.6% 27 29 7.4% 0 29 n/a
Pended 29 31 6.9% 30 31 3.3% 0 31 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 LIncoln, CA in Metrolist MLS decreased in September when compared to June and September of last year.

The number of new Lincoln, CA bank owned homes that were added to the market in September was higher than the number added in June, but was lower thant the number added in September of last year.

The number of Folsom bank owned homes pending sale in September was higher than the number pending sale in June and September of last year.

The number of bank owned Lincoln, California homes that sold in September was slightly higher than the number that sold in June and the number that sold in September of last year.

Lincoln, CA Short Sale Homes for Sale

Lincoln Ca Short Sales

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
For Sale 95 72 -24.2% 142 72 -49.3% 0 72 n/a
New Listing 50 44 -12% 61 44 -27.9% 0 44 n/a
Sold 29 36 24.1% 27 36 33.3% 0 36 n/a
Pended 48 62 29.2% 27 62 129.6% 0 62 n/a

Based off of data and graphs provided by Trendgraphix.com and Metrolist MLS, the number of short sales for sale in LIncoln, CA in Metrolist MLS in September 2011 was much lower than the number of short sales listed for sale in June of this year and September of last year.

The number of new Lincoln, CA short sale homes that were added to the market in September was lower than the number added in June and the number added in September of last year.

The number of Lincoln, California short sale homes pending sale was higher in September than it was in June and was also much higher than the number pending sale in September of last year.

The number of short sale Lincoln homes that sold in September was higher than the number sold in June and the number sold in September 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 LIncoln, CA, please feel free to contact us at 916-728-1981.

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