Overall Polk County Home Sales rose and prices fell in 2009 from the previous year.
Is this true in your neck of the woods? I’m sure you heard about that this is a buyer’s market in the news and media outlets, but is it really? Real Estate still remains very local and real estate statistics in each town or even in each neighborhood/community could differentiate by a great margin resulting in a seller’s market. Therefore consulting with a local Realtor® with market knowledge and experience is essential to your home buying or home selling needs.
636 existing homes sold – an increase of 7.98% from the previous month (589 sold homes) in Polk County – an increase in sales activity of 185 Polk County homes sold from the previous year. Overall Polk’s median price for existing homes decreased by 4.59% from the previous month to $99,700 and declined 18% from the previous year of $122,000.
Take a look at the city you live in and see what the numbers are for December 2009 for existing home sales – single family homes, condominiums, manufactured homes, duplex, villas, and townhomes -including distressed properties in Polk County. Please take note only sales recorded by Realtors® are taken into account. The source for this data is Mid-Florida Regional MLS Service, it is deemed reliable but not guaranteed.
City Average Sold Price Median Sold Price # of Homes Sold
| ALTURAS | 170,000 | 170,000 | 1 |
| AUBURNDALE | 130,567 | 119,000 | 18 |
| BABSON PARK | 125,000 | 125,000 | 1 |
| BARTOW | 124,190 | 116,000 | 10 |
| CLERMONT | 69,167 | 71,000 | 3 |
| DAVENPORT | 131,928 | 123,925 | 126 |
| DUNDEE | 89,100 | 89,900 | 5 |
| EAGLE LAKE | 64,500 | 64,500 | 2 |
| FORT MEADE | 70,000 | 50,000 | 3 |
| FROSTPROOF | 66,167 | 56,500 | 3 |
| HAINES CITY | 102,388 | 87,500 | 42 |
| HOMELAND | 54,900 | 54,900 | 1 |
| KISSIMMEE | 75,317 | 67,500 | 15 |
| LAKE ALFRED | 88,207 | 94,200 | 6 |
| LAKE WALES | 100,233 | 80,000 | 21 |
| LAKELAND | 123,866 | 113,950 | 194 |
| MULBERRY | 128,936 | 133,500 | 17 |
| POINCIANA | 81,444 | 74,950 | 80 |
| POLK CITY | 72,430 | 63,000 | 10 |
| WINTER HAVEN | 98,405 | 92,500 | 78 |
Let me break down December 2009 Polk County existing homes sales into various categories:
- 571 Single family homes, townhomes, villas and ½ duplex – median sold price $105,100 – 150 Average Days on Market
- 26 Condominiums – median sold price – $72,250 – 136 Average Days on Market
- 38 Modular, manufactured/mobile homes in park/out of park – median sold price $52,750 – 181 Average Days on Market
Let’s take a look at the distressed Polk County real estate market!
There were only 258 existing homes sold, not categorized as distressed properties, at a median sold price of $125,000 with 162 average days on market, which counted for 41% of our total sales. The distressed properties however; which includes Bank owned, pre-foreclosure, in foreclosure and short sales counted for 59% of our total sales in Polk County for the month of December.
- 300 sold homes were Bank Owned – median price $77,250 – Average Days on Market 45
- 78 sold homes were Short Sales – median price $110,140 – Average Days on Market 196
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.
Related posts:
- Polk County Existing Home Sales for January 2010
- Overall Polk County Existing Home Sales for March 2010
- Overall Polk County Existing Home Sales for May 2010
- Polk County Overall Existing Home Prices – January 2011
- Polk County FL Homes for Sale – Overall Polk County Existing Home Prices for November 2010
[...] existing homes sold – a decrease of 21% from the previous month (636 sold homes) in Polk County – an increase in sales activity of 111 Polk County homes sold from the previous year. Overall [...]