Montgomery Foreclosure Statistics
There are 1,336 Montgomery foreclosure homes for sale with 162 new foreclosures in January 2010. The average selling price of a Montgomery home is $177,628 and the average foreclosure selling price is $145,404, a $32,224 savings, according to RealtyTrac.com.
Montgomery Foreclosure Activity and Home Price Index
Home price appreciation remained the same in January while the number of new Montgomery foreclosure homes dropped to 162.
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 0.09% lower than national statistics and 0.08% higher than Alabama statistics.
Montgomery Foreclosure Activity by Month
The number of Bank-Owned properties increased from 86 in December to 123 in January. The number of Auctions decreased from 106 to 39. The 6-month trend reflects an increase in Montgomery foreclosures.
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.
