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Englewood is passing through a down moment in foreclosure market. Nowadays, we have 459 foreclosures available in the city. And compared to last month things got more complicated for those who want to invest, with less foreclosures in the market and less chances of deals. Englewood started September with 468 foreclosures available. October registered a rise to 616 homes, or 31.62%. The city had a down in November: -7.63%, leaving 569 properties in the market. Things got worse in December with a drop to 513 homes in foreclosure available (-9.84%). Opportunities kept scanty for buyers last month, with another fall, when Englewood registered 466 foreclosures, a 9.16% drop comparing to December.
As for the cost, Englewood has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Englewood for $631,458, a value 269.78% above the US average price ($170,764), and a 1.92% decrease compared to the prices of January in the city.