Pleasanton Foreclosures in August

In August, of the 216 active properties in Pleasanton, just over 3% were bank owned and 10.65% were potential short sales.

For the 186 detached homes, the average list price for non bank owned/potential short sales was $1.238 million as compared to $640,850 for bank owned and $906,397 for potential short sale properties.

Nationally, homes sold at foreclosure accounted for 24% of all residential sales in the second quarter of 2010, according to RealtyTrac. The average price of properties sold while in some stage of foreclosure was more than 26% below the average for properties not in the foreclosure process. Default, scheduled for auction or bank-owned properties sold to third parties were up almost 5% from the first quarter, but down 20% from second-quarter 2009.