Review of the Overall Polk County Existing Home Prices 2010 and Beyond

By
Managing Real Estate Broker with Lakeland Real Estate Group, Inc. BK646565

Review of the Overall Polk County Existing Home Prices 2010 and Beyond

648 existing homes sold – a 35% increase from the previous month (481) sold homes in Polk County, FL.

Overall median sales increased also by almost 6% to $89,900 for homes that were sold in Polk County. Take a look at the city you live in and see what the numbers are for December 2010 for existing home sales - single-family homes, condominiums, manufactured homes, duplex, villas, and town homes -including distressed homes 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

 

AUBURNDALE

105,992

93,000

28

BABSON PARK

136,750

136,750

2

BARTOW

58,431

45,000

13

BRADLEY

33,900

33,900

1

CLERMONT

53,475

53,475

2

DAVENPORT

127,656

113,950

120

DUNDEE

93,025

106,450

4

EAGLE LAKE

67,875

69,250

4

FROSTPROOF

78,722

100,000

9

HAINES CITY

110,877

102,500

37

INDIAN LAKE ESTATES

32,500

32,500

1

KISSIMMEE

132,730

90,000

27

LAKE ALFRED

41,625

35,750

4

LAKE WALES

80,361

58,000

26

LAKELAND

112,861

94,436

196

MULBERRY

101,299

107,700

20

POINCIANA

82,536

68,000

57

POLK CITY

77,333

60,000

3

WINTER HAVEN

101,040

72,000

94


Polk County’s overall existing home sales finished strong for this year of a total of 648 Polk County Homes sold in December. Average home prices have also slightly increased from the previous month to $107,050 by almost 1%.

 

Polk County Fl Real Estate Market - Home Prices

 

A look back in history of Polk County’s overall existing median home prices:

·        December 2006 – median price $188,450 (-54,55%) – 578 homes sold

·        December 2007 – median price $157,653 (-49.40%) – 368 homes sold

·        December 2008 – median price $122,000 (-33.07%) – 451 homes sold

·        December 2009 – median price $99,281 (-18.97%) – 640 homes sold

 

What did Polk County Home Buyers buy?

125 home buyers bought at a price range of $49,999 and below

237 home buyers bought at a price range of $50,000 - $99,999

159 home buyers bought at a price range of $100,000 - $149,999

64 home buyers bought at a price range of $150,000 - $199,999

37 home buyers bought at a price range of $200,000 - $249,999

8 home buyers bought at a price range of $250,000 - $299,999

3 home buyers bought at a price range of $300,000 - $349,999

4 home buyers bought at a price range of $350,000 - $399,999

4 home buyers bought at a price range of $400,000 - $499,999

 

Let me break down December 2010 Polk County existing homes sales into various categories:

·        554 Single family homes - median price $100,000 – 155 Average Days to Closing

·        31 Town homes, villas and duplex units – median price $63,000 – 122 Average Days to Closing

·        24 Condominiums – median sold price - $51,250 – 157 Average Days on Closing

·        40 Modular, manufactured/mobile homes in park/out of park – median sold price $47,950 – 281 Average Days on Closing


Overall Polk County’s Foreclosure and Short Sales Prices – December 2010!

There were 249 existing Polk County homes sold, not categorized as distressed properties, at a median sold price of $122,500 with 181 average days to closing, which counted for almost 38.43% of our total sales. The distressed properties however; which includes Bank owned, pre-foreclosure, in foreclosure and short sales counted for 61.73% of our total sales in Polk County for the month of December.

·        289 sold homes were foreclosures/REO Bank Owned – median price $65,000 – Average Days to Closing 105.

·        111 sold homes were Short Sales – median price $93,000 – Average Days to Closing 265.

A review of all the Polk County FL for 2010, I invite you to visit each month for a review.

Polk County's Housing Prices for November 2010

Polk County's Housing Prices for October 2010

Polk County's Housing Prices for September 2010

Polk County's Housing Prices for August 2010

Polk County's Housing Prices for July 2010

Polk County's Housing Prices for June 2010

Polk County's Housing Prices for May 2010

Polk County's Housing Prices for April 2010

Polk County's Housing Prices for March 2010

Polk County's Housing Prices for February 2010

Polk County's Housing Prices for January 2010



I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact Petra Norris - REALTOR(R) 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 FL real estate landscape and all it has to offer.

 

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Copyright © 2011 By Petra Norris *Review of the Overall Polk County Existing Home Prices 2010 and Beyond*

 

 

 

 

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Katerina Gasset
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Thanks for sharing Petra, this is a great info!

Have a great day!

Katerina

Jan 30, 2011 11:37 AM #1
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