St Louis Foreclosures Up Almost 19 Percent From Year Ago

St Louis ForeclosuresSt Louis foreclosures rose during the 1st quarter of this year to 2,505 foreclosure sales in the St Louis metro area during the quarter, an increase of 18.83 percent from the year before, according to a newly released report from RealtyTrac.  The average sales price of St Louis foreclosures during the quarter was $89,229 and, on average, St Louis foreclosures sold at a 37.95 percent discount from non-distressed sales.


A closer look at the St Louis core area:

While the foreclosure activity for the St Louis metro area was up significantly from a year ago, a closer look at the “core” area of St Louis shows the immediate St Louis area has fared a little better.  The City of St Louis and the counties of St Louis, St Charles and Jefferson, all saw 1st quarter foreclosure sales decline from the prior quarter and St Louis County even saw a decline from a year ago.

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