[Video] Lake Worth, FL Bank Foreclosures Real Estate Market Report

Real Estate Agent with United Realty Group Wellington SL# 3190644


Bank Foreclosures Houses for Sale in Lake Worth, Florida


The following is a market report on Bank Foreclosures in Lake Worth, Florida brought to you by Mark Baker at www.BuyingPalmBeachHomes.com . In this Market report we will cover the current homes on the market, the current market prices and the statistics of the sales of the 90 day sold properties including financing terms. This Real Estate Market Report will give home buyers and sellers a good understanding of the foreclosure market in Lake Worth, FL.


Current MLS Homes for Sale

  • 85 homes listed
  • 29 marked Pending
  • 13 marked Active Contingent
  • 1 accepting Back Up orders
  • 42 home available for purchase


Market Activity on MLS Property Listings (10 Days)

Lake Worth Bank Foreclosures
Lake Worth Bank Foreclosures
  • 8 New Property Listings
  • 6 listings with a Price Change Reduction
  • 1 listing is Back on the Market


Market Prices of Listed Homes

  • Lowest available property is $175,000 for three bedrooms with one and a half bathrooms and 1,395 square feet under air.
  • Highest priced property is $1,450,000 for four bedrooms with three bathrooms and 2,234 square feet under air.
  • Median home price is $295,000


Recently Sold Real Estate (90 Days)

  • 59 properties have sold
  • Average sales price was $295,000
  • Average sales price per square foot was $120
  • Range in average price per square foot $73 to $223
  • Average Days on Market 63 days

 Current MLS Real Estate Listings for Bank Foreclosures in Lake Worth Florida

Financing terms of the Sold Homes

  • 20 were Cash deals
  • 24 were Conventional deals
  • 5 were FHA/VA
  • 10 Other financing


Sales to List Price of Recently Sold Houses

This information has been provided to see the relationship of the actual sold price of a home to the asking list price.

  • Low end was 71% (29% discount of the asking prices)
  • Average was 97% (3% discount of the asking prices)
  • High end was at 113% of the asking price (13% premium of the asking prices)


Looking for a Lake Worth FL Realtor?

If you are looking to buy or sell a home in Lake Worth, FL please let me put my experience to work for you. I have extensive knowledge of the homes within this area and the surrounding areas. You can contact me at 561-336-6333 or visit me online at www.BuyingPalmBeachHomes.com

Posted by

Mark R. Baker, PA

United Realty Group Wellington 

1035 State Road 7

Suite 121

Wellington, FL 33414

(561) 336-6333



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Serving Palm Beach County FL
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