Real Estate

Foreclosed Homes: How Many And Where They Are In Saratoga

Realty Trac releases latest information on number of foreclosures, how many are for sale and what they're selling for.

Saratoga has 33 homes still in some stage of foreclosure, according to information released Thursday by Realty Trac. There are 13 houses currently for sale in town.

The median sale price for a foreclosure home in Saratoga was $1.587 million in March. That compares with a median price of $1.449 million for all homes sold in the city.

Foreclosed homes appear to be getting cleared from the market. Between August 1 and March 31, there were 340 homes sold in Saratoga.

Find out what's happening in Saratogafor free with the latest updates from Patch.

But homeowners continue to enter the foreclosure process. While the number of properties that received a foreclosure filing in Saratoga in April was the same as the previous month, it was 25 percent higher than the same time last year, according to Realty Trac.

The Realty Trac website also contains a list of most of the foreclosed homes now sitting in Saratoga.

Find out what's happening in Saratogafor free with the latest updates from Patch.

Here are the foreclosure figures for communities in Santa Clara County. The numbers are current through April 30. The recently sold figures are from August 2012 to March 31, 2013. Current foreclosures do not include homes recently sold.

City All Foreclosures For Sale Recently Sold Campbell 76 20 442 Cupertino 23 8 411 Los Altos
15 12 484 Los Gatos
97 73 583 Mountain View
52 8 715 Palo Alto
116 7 798 Saratoga
33 13 340

Santa Clara County

unavaliable 659 15,514

The Realty Trac website also includes information on foreclosed homes in every county and city in the country.

Realty Trac reported foreclosures across the country were down 5 percent in April from the previous month. Foreclosures also decreased 23 percent from April 2012. Total foreclosure activity in April was at its lowest level since February 2007.

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