Year end statistics have recently been released by Sandicor the regional multiple listing service for San Diego. A total of 30,500 homes were sold in San Diego County in 2007. Of that number 5200 were foreclosures. These numbers are fairly normal in any market. Even more revealing is that virtually all of the foreclosure listing sell at 98.2% of list price. Other homes on the market sell at an average of 95.5% of list price. The reason foreclosures sell so high is they are already priced to sell.