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Tuesday, November 10, 2009

Sarasota County Bank Owned Foreclosures-Number for Sale Growing Slightly

Today there are 167 bank owned foreclosed houses & condos listed for sale on the MLS. This is down from 600+ at the end of last year but up from the less than 120 in the summer.

Of the 167 foreclosures for sale today, 111 are single family houses. All but 34 of the 167 are listed at prices below $200,000. 101 of the 167 have been on the market 60 days or less but 46 have been on the market over 120 days.

Also, there are 1,181 short sales for sale today in Sarasota County. For bargain hunters with patience, short sales offer a much better selection than foreclosures.

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