Blog Post, Lakeland Market Reports, Uncategorized
September Homes Sales rise overall in Polk County
October 31, 2009 by Petra Norris · Leave a Comment
The Polk County Florida housing market rose overall in September with 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”.
Florida overall real estate statistics
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.
I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact me 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.
