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Foreclosure sales make up 25 percent of all CO home sales

Thu, Feb 24, 2011

News

There were 17,410 foreclosure sales in Colo. in 2010, accounting for nearly 25 percent of all home sales in the state, according to data released today by Realtytrac.

The average sale price for a foreclosure property in Colo. was $186,000, with foreclosure homes selling at an average discount of 28 percent.

These numbers mirror the national trends in foreclosure sales almost exactly. Sales of foreclosure homes in the US made up 26 percent of all residential home sales last year, with foreclosure homes selling at an average discount of 28 percent.

Read the full report here.

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