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”.
Managing Broker - CDV TransAtlantic, Inc.
(863) 619-6918
Hi Petra...Great positive Real Estate News..well done with your up todate market report.
Cheers
Lots of Good Information that local buyers and sellers should appreciate.
This drives home my whole Real Estate Philosophy...
"All Real Estate is Local...and Your REALTOR® Should Be Too!"
John - Absolutely and thanks for stopping by to comment.