Polk County FL Real Estate – Housing Prices December 2010

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%.

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.

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

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