The Florida Association of Realtors® reports that existing home sales rose 34% in September from the previous year and a 4.1% increase from the previous month. Florida’s median home price continues to stumble with distressed properties dictating the housing market – Florida’s median sales price for existing homes last month dipped to $142,000 for a 34% decrease from the previous year and 3.66% from the previous month.
The Polk County’s housing market.
596 existing home sold – an increase of 8% from the previous month (551 sold homes) in Polk County – an increase in sales activity of 25% from the previous year. Overall Polk’s median price for existing homes increased by a small margin from the previous month to $102,227; however, dipped 27% from the previous year of $139,900.
Take a look at the city you live in and see what the numbers are for September 2009 for existing home sales - single family homes, condominiums, manufactured homes -including distressed properties in Polk County.
City Average Sold Price Median Sold Price # of Homes Sold
|
AUBURNDALE |
99,111 |
92,000 |
23 |
|
BABSON PARK |
285,000 |
285,000 |
1 |
|
BARTOW |
79,453 |
80,000 |
15 |
|
CHAMPIONS GATE |
150,000 |
150,000 |
1 |
|
DAVENPORT |
136,818 |
121,000 |
133 |
|
DUNDEE |
91,167 |
83,500 |
3 |
|
EAGLE LAKE |
155,000 |
155,000 |
1 |
|
FORT MEADE |
36,680 |
30,000 |
5 |
|
FROSTPROOF |
22,000 |
22,000 |
1 |
|
HAINES CITY |
98,482 |
78,000 |
28 |
|
HIGHLAND CITY |
65,000 |
65,000 |
1 |
|
INDIAN LAKE ESTATES |
37,000 |
37,000 |
1 |
|
KISSIMMEE |
109,117 |
88,000 |
19 |
|
LAKE ALFRED |
107,200 |
98,000 |
5 |
|
LAKE WALES |
98,896 |
80,000 |
25 |
|
LAKELAND |
129,025 |
121,000 |
183 |
|
MULBERRY |
96,436 |
102,555 |
15 |
|
POINCIANA |
79,361 |
70,000 |
61 |
|
POLK CITY |
93,178 |
62,347 |
7 |
|
SOLIVITA |
185,000 |
185,000 |
1 |
|
WINTER HAVEN |
107,469 |
99,500 |
67 |
Let’s take a look at the distressed Polk County real estate market!
Distressed properties, which includes Bank owned, pre-foreclosure, in foreclosure and short sales count for 62% of our total sales in Polk County for the month of September.
- 281 sold homes were Bank Owned – median price $74,200 – Days on Market 31
- 89 sold homes were Short Sales – median price $114,000 – Days on Market 141
The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact Petra Norris - REALTOR at 863-619-6918. If you’re new to Lakeland, I’d especially like to extend a warm welcome. I value my clients and provide them with honest, reliable service. Allow me to introduce you to the Lakeland real estate landscape and all it has to offer.
