St Louis Distressed Home Sales Continue To Decline

By Dennis Norman, on October 28th, 2014

Distressed home sales in St Louis accounted for 7.97 percent of all home sales during the 3rd quarter, down from 9.84 percent the quarter before and down a whopping 40 percent from a year ago when distressed sales accounted for 13.6 percent of all homes sold in the St Louis MSA, according to the latest data from RealtyTrac.  State-wide for Missouri, distressed home sales made up 7.12 percent of home sales during 3rd quarter, lower than the rate for St Louis however, at the other side of our state, in Kansas City, distressed home sales share of home sales was 9.2% for 3rd quarter, about 15% higher than St Louis.  The table below shows the breakdown of distressed sales by short sales, REO’s and foreclosure auction.

Search St Louis Foreclosure Homes For Sale HERE

Search St Louis Short Sales For Sale HERE

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