4 out of 10 Homes Sold were Foreclosures in First Quarter of 2009
April 14th, 2009 categories: Market Data
More striking is the percentage of pre-foreclosure and foreclosures sales for the first quarter of this year.
4 out of 10 sales in the first quarter of 2009 was a pre-foreclosure or foreclosure sale.
For every Short Sale sold there was an equal number of Bank foreclosure sold in the first quarter of 2009.
County | # of Single Family Sales | # of Short Sales | # of Bank Foreclosures | Percent of Total |
Cook | 3,559 | 762 | 743 | 42 % |
Lake | 707 | 151 | 119 | 38% |
McHenry | 340 | 89 | 51 | 41% |
Dupage | 712 | 147 | 87 | 33% |
Kane | 462 | 142 | 63 | 44% |
Will | 776 | 176 | 162 | 44% |