Business & Tech
Manatee County Foreclosure Stats: A Closer Look
Foreclosure listings activity and comparison for March and April 2011.
As reported by The Bradenton Herald in April, foreclosure activity for the first quarter of 2011 in Manatee County dropped by 55 percent from a year ago, according to RealtyTrac.
This significant drop in activity is attributed primarily to delays caused by improper and/or fraudulant foreclosure filings, practices and proceedures by lenders, servicers and their attorneys.
Below are Manatee county statistics on new foreclosures for the months of March and April 2011. (All property types)
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
New Manatee foreclosures (March 9, 2011 to April 9, 2011)
STATUS COUNT TOTAL PRICE AVERAGE PRICE MEDIAN PRICE AVERAGE DAYS ON MARKET Active 25 $3,179,400 $127,176 $114,900 41 Under Contract 17 $1,527,580 $89,858 $74,900 11 Sold 6 $658,250 $109,708 $83,125 4 Total 48 $5,365,230 $111,776 $103,440 26
New Manatee foreclosures (April 9, 2011 to May 9, 2011)
STATUS COUNT TOTAL PRICE AVERAGE PRICE MEDIAN PRICE AVERAGE DAYS ON MARKET Active 44 $4,977,518 $113,125 $90,450 10 Under Contract 31 $2,717,549 $87,663 $44,900 11 Sold 1 $25,050 $25,050 $25,050 1 Total 76 $7,720,117 $101,580 $83,950 10Source: MyFloridaRegional MLS
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
We’ve removed the ability to reply as we work to make improvements. Learn more here
