San Diego foreclosures and short sales.

December home sales numbers in San Diego are a reflection of how the market performed all year. About a third of all sales involved foreclosures. Another 20 percent of transactions were short-sales, homes sold for less than was owed on the mortgage.

The overall sales numbers were higher than a year ago. The average price was down almost 5.5 percent.

Did more home inspections on short sales in Dec. than any other month of 2011. Thanks for the stats Nick.