According to RealtyTrac, foreclosure sales in Hawaii fell 11% during the fourth quarter compared to the year before, but the average foreclosed price jumped 24%.
There were 369 foreclosure sales in the fourth quarter of 2012, representing 7.9% of all home sales with an average sales price of $416,503 – an increase of 23.84% from the same quarter in 2011.
Nationally, foreclosures accounted for 21% of all residential sales – 6% fewer than in 2011.
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