Polk County FL Real Estate – Housing Prices December 2010
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%.
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.
Copyright © 2011 By Petra Norris *Polk County FL Real Estate – Housing Prices December 2010*