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Foreclosure Sales Prices Rise From 2012

IRVINE, CA-In this UPDATE to an earlier story, RealtyTrac reports that the average sales price of foreclosed homes nationwide increased 3% from a year ago, although this number was still 30% below the average price of a non-foreclosure home in the first quarter.

By Carrie Rossenfeld | Updated on June 05, 2013

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IRVINE, CA-The average price of a foreclosure-related home sale nationwide was $167,095 in first-quarter 2013, down 1% from the previous quarter but up 3% from a year ago, according to locally based online real estate and foreclosure marketplace RealtyTrac. Markets with the biggest annual increases in the average price of foreclosure-related sales included several Western markets such as San Jose, Las Vegas and Sacramento. This marks the fourth straight quarter with an annual increase in the average price of foreclosure-related sales.

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