Sarasota County Foreclosure Filings decrease for Third Month

Posted by Sarasota Foreclosures.com on Friday, June 4th, 2010 at 10:48am.

"Only" 419 New Sarasota County Foreclosure filings in May 2010

Foreclosure filings continued to decrease in Sarasota Ciounty for the third month in May 2010. The number of Lis Pendis Reported was lower again, hovering near 420 properties. The total number of properties on the market remained about the same, but the number of bank owned homes for sale increased to over 400 for the first time.
The number of certificates of tltle, which is when the lender actually reposses a property, decreaseed in May after incresing in April and March.

June 2 2010	Bank Owned	Short Sales	All Foreclosures	All Listings
Active	402 (4.4%)	1,122 (11.8%)	1,524 (16%)	9,157
Pending	279 (10.8%)	1,400 (54.3%)	1,679 (65%)	2,576
Sold	Bank Owned	Short Sales	All Foreclosures	All Sales	Certificate of Title	Lis Pendis filed
May 2010	155 (16.8%)	181 (19.7%)	336 (36.5%)	920	257	419
April 2010	152 (16.6%)	150 (16.3%)	302 (33%)	917	318	442
March 2010	170 (17%)	181(18%)	351(36%)	983	366	456
Feb. 2010	150 (22%)	142 (21%)	292 (44%)	669	257	788
Jan. 2010	110 (15.7%)	121(17.3%)	231(33%)	699	197	599

Dec. 2009	123 (15.9%)	158 (20.5%)	281 (36.5%)	770	535	725
Nov. 2009	96 (14.1%)	149 (21.9%)	245 (36%)	679	169	722
Oct. 2009	122 (18.2%)	136 (20.2%)	258 (38.5%)	670	150	714
Sept. 2009	128 (19%)	150 (22.2%)	278 (41.2%)	674	194	693
August 2009	75 (13%)	117 (20.3%)	192 (33.4%)	574	139	694
July 2009	111 (14.1%)	118 (15%)	229 (29.1%)	786	101	933
June 2009	147 (18%)	98 (12%)	215 (26.3%)	816	134	670
May 2009	201(25.3%)	85 (10.7%)	286 (36%)	796	68	766
April 2009	242 (28.3%)	65 (7.6%)	307 (35.9%)	856	99	862
March 2009	221 (29%)	53 (7%)	274 (36%)	762	99	875
Feb. 2009	196 (32.2%)	36 (5.9%)	232 (38.1%)	609	180	760
Jan. 2009	187 (36.2%)	30 (5.8%)	217 (42%)	517	219	772
Dec. 2008	198 (28.5%)	30 (4.3%)	228 (32.8%)	695	250	638
Nov. 2008	160 (32.8%)	20 (4.1%)	180 (36.9%)	488	194	673
Oct. 2008	173 (29.6%)	17 (2.9%)	190 (32.5%)	585	276	925