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Lithonia is passing through a growing moment in foreclosure market. Nowadays, we have 125 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. Lithonia started September with 151 foreclosures available. October registered a fall to 146 homes, or -3.31%. The city had another down in November: -10.96%, leaving 130 properties in the market. Things got worse in December with a drop to 63 homes in foreclosure available (-51.54%). Opportunities went abundant for buyers last month, with a rise, when Lithonia registered 65 foreclosures, a 3.17% increase comparing to December.
As for the cost, Lithonia has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Lithonia for $57,949, a value 66.06% below the US average price ($170,764), and a 10.83% decrease compared to the prices of January in the city.