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Commerce City is passing through a growing moment in foreclosure market. Nowadays, we have 320 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Commerce City started September with 315 foreclosures available. October registered a rise to 348 homes, or 10.48%. The city had a down in November: -13.51%, leaving 301 properties in the market. Things got worse in December with a drop to 278 homes in foreclosure available (-7.64%). Opportunities went abundant for buyers last month, with a rise, when Commerce City registered 314 foreclosures, a 12.95% increase comparing to December.
As for the cost, Commerce City has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Commerce City for $176,168, a value 3.17% above the US average price ($170,757), and a 0.23% decrease compared to the prices of January in the city.