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Westminster is passing through a growing moment in foreclosure market. Nowadays, we have 244 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. Westminster started September with 240 foreclosures available. October registered a rise to 305 homes, or 27.08%. The city had a down in November: -10.82%, leaving 272 properties in the market. Things got worse in December with a drop to 239 homes in foreclosure available (-12.13%). Opportunities kept scanty for buyers last month, with another fall, when Westminster registered 238 foreclosures, a 0.42% drop comparing to December.
As for the cost, Westminster has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Westminster for $236,901, a value 38.73% above the US average price ($170,764), and a 2.50% decrease compared to the prices of January in the city.