Foreclosed Homes: How Many And Where They Are In Palo Alto

Palo Alto has 116 homes still in some stage of foreclosure, according to information released Thursday by Realty Trac. Of those, seven houses are currently for sale.

The median sale price for a foreclosure home in Palo Alto was $356,500 in March. That compares with a median price of $859,000 for all homes sold in the city.

Foreclosed homes appear to be getting cleared from the market. Between August 1 and March 31, there were 798 homes sold in Palo Alto.

Overall, the number of homeowners entering the foreclosure process also appears to be declining. In April, the number of properties that received a foreclosure filing in Palo Alto was the same as the previous month and 59 percent lower than the same time last year, according to Realty Trac.

The Realty Trac website also contains a list of most of the foreclosed homes now sitting in Palo Alto.

Here are the foreclosure figures for communities in Santa Clara County. The numbers are current through April 30. The recently sold figures are from August 2012 to March 31, 2013. Current foreclosures do not include homes recently sold.

Santa Clara County

The Realty Trac website also includes information on foreclosed homes in every county and city in the country.

Realty Trac reported foreclosures across the country were down 5 percent in April from the previous month. Foreclosures also decreased 23 percent from April 2012. Total foreclosure activity in April was at its lowest level since February 2007.