Chart below is the companion to my previous post which differentiates Average Sale Price for REO (Foreclosures), Short Sales & Non-distress (Conventional) homes.  The trend is what would be expected, except in Piedmont.  It seems the higher Avg Price per Sq Ft in Piedmont for REO’s is probably because one of the (only) two Foreclosures in Piedmont was <1400 sq ft.  Square Footage numbers always skew high for small homes.