With rising home values and fewer foreclosures, the share of distressed sales to existing home sales continued to decline, according to data from the September 2014 REALTORS® Confidence Index Survey: http://www.realtor.org/reports/realtors-confidence-index
In September 2014, distressed sales accounted for 10 percent of sales: 7 percent of reported sales were foreclosed properties, and about 3 percent were short sales. The decline of distressed properties on the market explains to some degree why investment sales and all-cash sales have been on the decline.
Distressed property sold at a 14 percent average discount
 The survey asks respondents to report on the characteristics of the most recent sale for the month.