Sacramento County REO Sales

Foreclosure and Short Sales Figures in Rancho Cordova Compared to Sacramento County

November 15, 2009 By Ryan Lundquist 3 Comments

How is the Rancho Cordova real estate market doing compared to the rest of Sacramento county? What is the percentage of foreclosure sales (REO), short sales and total amount of distressed property sales (REO + Short Sales)? Let’s take a look below to glean some insight.

Rancho Cordova Sales and Sacramento County Sales Past 2 Years November 2009 by Lundquist Appraisal Company

The information above is based on all residential sales listed in Sacramento Metrolist over the past two years. Overall, the percentage of bank-owned sales dropped by 5% in both Rancho Cordova and Sacramento County, while at the same time the percentage of Short Sales rose by 7% in both Rancho Cordova and Sacramento County. Over the past two years Rancho Cordova had a 7% lower foreclosure rate than Sacramento County and a 2% higher percentage of short sales.

Let me know if you have any questions at ryan@lundquistcompany.com or 916-595-3735 and feel free to comment below.

www.SacramentoAppraisalBlog.com Foreclosure and Short Sales Figures in Rancho Cordova Compared to Sacramento County

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