There are 1,215 Montgomery foreclosure homes for sale with 126 new foreclosures in August 2009, down from the July 2009 figure of 210 new foreclosed homes. The average selling price of a Montgomery home is $206,084 and the average foreclosure selling price is $111,271, 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 lower 0.08% lower than national statistics and 0.10% higher than Alabama statistics.

montgomery foreclosure

Montgomery Foreclosure Activity by Month

The number of Bank-Owned fell by more slightly in July, as did the number of Auctions. The 6-month trend, however, is a rise in Montgomery foreclosures.

montgomery foreclosure

Are you or someone you know behind on your 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. Give me a call for a private consultation.