by Calculated Risk on 3/12/2012 06:15:00 PM

CR Note: This will be very useful data over the next several months as we try to track the impact of the mortgage servicer settlement. There are only a few areas where the MLS breaks down monthly sales by foreclosure, short sales and conventional (non-distressed) sale. I've been tracking the Sacramento market to watch for changes in the mix over time. (here was my post this weekend: Distressed House Sales using Sacramento Data for February)

Economist Tom Lawler sent me the following table today for several other areas. Lawler writes: "With the exception of Reno (the data for which I did NOT get directly from a realtor association/MLS), the foreclosure share of home sales was down from a year ago – in some cases by a lot – while the short-sales share of sales was up – in some cases significantly."

CR Note: For most of the areas (with the exception of Reno), the distressed share of sales is down from February 2011. The share of short sales has increased in most areas, while the share of foreclosure sales are down - and down significantly in some areas.

Note: The table is a percentage of total sales.

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share
	12-Feb	11-Feb	12-Feb	11-Feb	12-Feb	11-Feb
Las Vegas	29.3%	26.6%	42.0%	51.6%	71.3%	78.2%
Reno	28.0%	30.0%	42.0%	36.0%	70.0%	66.0%
Phoenix	28.1%	21.1%	23.3%	49.6%	51.4%	70.7%
Sacramento	31.9%	22.1%	33.9%	49.2%	65.8%	71.3%
Minneapolis	15.0%	13.6%	42.3%	47.9%	57.3%	61.5%
Mid-Atlantic (MRIS)	16.4%	14.5%	17.5%	27.2%	33.9%	41.7%