Overall Average Polk County existing home prices increased from the previous month to $105,365 by a almost 1%. Polk County FL overall existing median prices have increased as well to $90,000 compared to $82,140 from August 2011 and for a long time an increase from the previous year. However, Polk County’s overall existing number of home sales in September decreased to a total of 588, compared to 641 Polk County Homes sold in August 2011. .
A look back in history of Polk County’s overall existing median home prices compared to September 2011 median price of $90,000:
September 2005 – median price $182,500 (-50.68%) – 930 homes sold
September 2006 – median price $185,000 (-51.35%) – 634 homes sold
September 2007 – median price $170,000 (-47.06%) – 343 homes sold
September 2008 – median price $139,900 (-35.67%) – 476 homes sold
September 2009 – median price $103,000 (-12.62%) – 601 homes sold
September 2010 – median price $85,000 (5.88%) – 628 homes sold
Take a look at the city you live in and see what the numbers are for September 2011 for existing home sales – single-family homes, condominiums, manufactured homes, duplex, villas, and town homes -including distressedhomes 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 | 95,541 | 90,000 | 19 |
BABSON PARK | 525,000 | 525,000 | 1 |
BARTOW | 73,561 | 49,950 | 18 |
BRADLEY | 23,000 | 23,000 | 1 |
DAVENPORT | 126,433 | 118,250 | 114 |
DUNDEE | 71,945 | 72,000 | 3 |
EAGLE LAKE | 87,000 | 84,000 | 3 |
FORT MEADE | 54,134 | 44,990 | 3 |
FROSTPROOF | 91,200 | 30,000 | 5 |
HAINES CITY | 94,559 | 90,000 | 27 |
INDIAN LAKE ESTATES | 52,000 | 52,000 | 1 |
KISSIMMEE | 101,080 | 84,000 | 11 |
LAKE ALFRED | 89,667 | 111,000 | 3 |
LAKE HAMILTON | 32,500 | 32,500 | 1 |
LAKE WALES | 76,610 | 53,500 | 26 |
LAKELAND | 114,886 | 100,000 | 186 |
MULBERRY | 108,481 | 105,000 | 16 |
POINCIANA | 84,024 | 75,000 | 51 |
POLK CITY | 68,632 | 49,900 | 5 |
WINTER HAVEN | 95,906 | 82,000 | 94 |
What did Polk County Home Buyers buy?
116 homebuyers bought at a price range of $49,999 and below
209 home buyers bought at a price range of $50,000 – $99,999
148 home buyers bought at a price range of $100,000 – $149,999
72 home buyers bought at a price range of $150,000 – $199,999
14 home buyers bought at a price range of $200,000 – $249,999
10 home buyers bought at a price range of $250,000 – $299,999
12 home buyers bought at a price range of $300,000 – $349,999
2 home buyers bought at a price range of $350,000 – $399,999
3 home buyers bought at a price range of $400,000 – $499,999
2 home buyers bought at a price range of $500,000 – $599,999
September sales in Polk County was even between foreclosures and short sales vs. traditional sales.
Most of Polk County home buyers paid cash, in fact 52% of all home buyers in Polk County paid cash.
Let me break down September 2011 Polk County existing homes sales into various categories:
- 507 Single family homes – median price $100,000 – 178 Average Days to Closing
- 21 Town homes, villas and duplex units – median price $55,949 – 155 Average Days to Closing
- 26 Condominiums – median sold price – $49,750 – 127 Average Days on Closing
- 35 Modular, manufactured/mobile homes in park/out of park – median sold price $35,100 – 168 Average Days on Closing
Overall Polk County’s Foreclosure and Short Sales Prices – September 2011!
There were 292 existing Polk County homes sold, not categorized as distressed properties, at a median sold price of $113,500 with 174 average days to closing. Traditional sales (equity sales) counted for almost 49.66% of our total sales.
The distressed properties however; which includes Bank owned, pre-foreclosure, in foreclosure and short sales continues to dictate the Polk County real estate market as it accounted for 50.34% of our total sales for the month of September.
- 157 sold homes were foreclosures/REO Bank Owned – median price $64,934 – Average Days to Closing 109.
- 139 sold homes were Short Sales – median price $86,000 – Average Days to Closing 249.