After a quick look at the comparison of the foreclosure, pre-foreclosure, and general sales in the West Volusia market, I decided to dig a little deeper into the specific cities to understand the statistics that the MLS is recording. For purposes of this analysis, I reviewed sales that took place during the first half of 2009 in Volusia County that were recorded through the Mid-Florida Multiple Listing Service.  For each city, I compared the percentage of sales that were bank owned (foreclosed), short sale (pre-foreclosure), and general sales. The results are fascinating. The Cities are listed in order of the total number of sales that took place during the six month period.

City Bank-owned Short Sale General DELTONA 53.20% 16.37% 30.43% DELAND 19.14% 12.50% 68.36% ORANGE CITY 39.80% 21.43% 38.78% DEBARY 32.18% 17.24% 50.57% LAKE HELEN 50.00% 5.00% 45.00% DE LEON SPRINGS 11.11% 16.67% 72.22% PIERSON 12.50% 0.00% 87.50% Grand Total 40.80% 15.63% 43.57%