by Calculated Risk on 9/12/2012 02:59:00 PM

CR Note: Yesterday I posted some distressed sales data for Sacramento. I'm following the Sacramento market to see the change in mix over time (short sales, foreclosure, conventional). There has been a clear shift to fewer distressed sales in Sacramento.

Economist Tom Lawler has been digging up similar data, and he sent me the following table today for several more distressed areas. For all of these areas the share of distressed sales is down from August 2011 - and for the areas that break out short sales, the share of short sales has increased (except Minneapolis) and the share of foreclosure sales are down - and down significantly in some areas.

Previous comments from Lawler:

Note that the distressed sales shares in the below table are based on MLS data, and often based on certain “fields” or comments in the MLS files, and some have questioned the accuracy of the data. Some MLS/associations only report on overall “distressed” sales.

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share
	12-Aug	11-Aug	12-Aug	11-Aug	12-Aug	11-Aug
Las Vegas	43.7%	21.7%	16.9%	50.2%	60.6%	71.9%
Reno	38.0%	30.0%	13.0%	31.0%	51.0%	61.0%
Phoenix	29.4%	25.2%	14.0%	41.5%	43.4%	66.7%
Sacramento	35.4%	23.6%	16.6%	38.4%	52.0%	62.0%
Minneapolis	10.8%	11.6%	26.0%	33.4%	36.8%	45.0%
Mid-Atlantic (MRIS)	11.8%	11.2%	8.7%	14.7%	20.6%	25.9%
Hampton Roads VA					24.4%	29.3%
Charlotte					13.6%	19.0%
Memphis			28.7%	31.5%
Birmingham AL			27.8%	30.3%