There are 1,207 Montgomery foreclosure homes for sale with 180 new foreclosures in November 2009. The average selling price of a Montgomery home is $179,504 and the average foreclosure selling price is $116,951, a $62,553 savings, according to RealtyTrac.com.

Montgomery Foreclosure Activity and Home Price Index

montgomery foreclosure

Montgomery foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Montgomery Foreclosure Geographical Comparison

Montgomery foreclosure activity is 0.05% lower than national statistics and 0.07% higher than Alabama statistics.

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Montgomery Foreclosure Activity by Month

The number of Bank-Owned properties increased from 74 in October to 79 in November. The number of Auctions decreased from 127 to 79. The 6-month trend reflects an increase in Montgomery foreclosures.

montgomery foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.