Real Estate

Foreclosed Homes: How Many And Where They Are In Novato

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

Novato has 192 homes still in some stage of foreclosure, according to information released Thursday by Realty Trac. Of those, 18 houses are currently for sale.

The median sale price for a foreclosure home in Novato was $420,000 in March. That compares with a median price of $567,750 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 612 homes sold in Novato.

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Overall, the number of homeowners entering the foreclosure process is declining in the area. In April, the number of properties that received a foreclosure filing in Novato fell by 10 percent from the previous month and was 66 percent lower than March of last year, according to Realty Trac.

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

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Here are the foreclosure figures for communities in Marin 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 Corte Madera
14 1 118 Fairfax 25 6 83 Larkspur
13 0 96 Mill Valley
54 8 373 Novato
192 18 612 San Anselmo
38 6 205 San Rafael
148 20 729 Sausalito 27 7 138

Marin County

unavaliable 80 2,932

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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