Third Quarter Foreclosure Stats by Zip Code: Glendale and Pasadena
Countrywide takes the lead as beneficiary for the most foreclosed homes in Los Angeles County, followed by Washington Mutual, according to Property Shark’s 2008 3rd quarter report. My own investigation on Property Shark last week found Countrywide on 6 and Washington Mutual on 5 of the 25 current Glendale notices of default.
Foreclosures in the county are up an overwhelming 196% compared to the 3rd quarter of 2007.
A related data file charts the number of foreclosure sales by area. Here is where Glendale and Pasadena zip codes stand with respect to others in LA County:
Of 272 county zip codes, Pasadena 91103, at number 99, has the highest number: 55 trustee sales, with an average loan amount of $491,559. Pasadena 91101, with a concentration of Old Town luxury lofts and condominiums near the Gold Line, at number 238, has the least: 9 sales, with an average loan amount of $383,400. Glendale’s highest ranking zip code is 91206, number 148 on the list, with an average loan amount of $424,516; the lowest ranked is 91204, a mixed commercial/industrial/residential neighborhood with fewer homes, and an average loan amount of $428,257.
The zip code breakdown:
| RANK | Zip Code | # of Sales | Avg. Loan Amt. |
|---|---|---|---|
| 99 | 91103 | 55 | $491,559 |
| 120 | 91104 | 45 | $517,290 |
| 130 | 91107 | 37 | $478,484 |
| 148 | 91206 | 32 | $424,516 |
| 155 | 91202 | 28 | $609,115 |
| 176 | 91205 | 21 | $418,867 |
| 177 | 91201 | 21 | $568,305 |
| 204 | 91207 | 15 | $687,964 |
| 209 | 91208 | 14 | $651,592 |
| 215 | 91203 | 13 | $486,791 |
| 220 | 91106 | 12 | $464,323 |
| 229 | 91105 | 10 | $704,525 |
| 238 | 91101 | 9 | $383,400 |
| 246 | 91204 | 7 | $428,257 |
