Avon Park, Fl Market Conditions

By
Real Estate Agent with Advantage Realty 863-840-1420 SL3030767

                                                                   

 

Avon Park Residential Home Sales:

 

Residential Sales 2004 - 2009 on the local MLS.

Year / Number of Single Family Sales / Median Sale Price / Average Days On Market

2004 / 356 / $84,150 / 100

2005 / 321 / $135,000 / 105 // An increase in the median value of 25.6% from 2004.

2006 / 310 / $158,500 / 135 // An increase in the median value of 17.4% from 2005.

2007 / 181 / $140,000 / 160 // A decrease in the median value of 11.7% from 2006.

2008 / 150 / $96,125 / 129 // A decrease in the median value of 31.3% from 2007.

2009 / 185 / $85,000 / 138 // A decrease in the median value of 11.6% from 2008.

The 2009 figures end date is 12/31/2009. The only property type excluded are duplexes.

 

-- Active Listings: 188

-- Pending Sales: 24

-- Closed Sales: 149

149 / 12 = 12.42 Sales Per Month

188 / 12.42 = 15.14 Month Supply Currently Available In Avon Park

As of 03/01/2009 the monthly supply was 20.9

As of 04/03/2009 the monthly supply was 21.1

As of 05/04/2009 the monthly supply was 18.2

As of 06/03/2009 the monthly supply was 17.8

As of 07/06/2009 the monthly supply was 16.2

As of 08/05/2009 the monthly supply was 17.1

As of 09/03/2009 the monthly supply was 15.4

As of 10/05/2009 the monthly supply was 15.55

As of 11/03/2009 the monthly supply was 15.8

As of 12/02/2009 the monthly supply was 15.65

As of 01/05/2010 the monthly supply was 15.14

 

Avon Park Lakes/Apple Red Hill Farms: (Strap Number C-01-33-28)

 

-- Active Listings: 57

-- Pending Sales: 9

-- Closed Sales: 54

Inside City Limits:

 

-- Active Listings: 54

-- Pending Sales: 8

-- Closed Sales: 49

 

This section will address properties that are listed on the local MLS as short sales, bank owned, corporate owned or

in foreclosure in Avon Park, FL.  Only two sections will be provided with bank owned, corporate owned and in foreclosure being

considered the same type of listing. All residential properties are included. As of 01/05/2010 the local MLS has:

Avon Park:

 

Active Bank Owned: 7

Pending Bank Owned: 7

Bank Owned Sales In The Past 12 Months: 42

Active Short Sales: 22

Pending Short Sales: 13

Short Sales Closed In The Past 12 Months: 15

The decline/increase over the last 12 months is figured as follows. This data does include all residential

types of properties (only duplexes excluded) sold on the local MLS:

 

01/01/2009-06/30/2009: Avon Park: $85,000

07/01/2009-09/30/2009: Avon Park: $74,750

10/01/2009-12/31/2009: Avon Park: $92,500

An increase in the median value of $7,500 or 8.82%

 

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Anita S. Zahn

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