Post by Admin on Aug 7, 2017 14:15:48 GMT -5
Through June of 2017, this is the breakdown of real estate in S-bag:
6/28/2017 $29,000
6/15/2017 $21,500
6/5/2017 $75,000
5/30/2017 $30,000
5/22/2017 $25,000
5/19/2017 $45,000
4/28/2017 $59,000
4/26/2017 $36,000
4/19/2017 $13,500
4/14/2017 $120,000
4/12/2017 $75,000
4/7/2017 $85,000
3/31/2017 $14,900
3/30/2017 $51,000
3/27/2017 $20,000
3/23/2017 $54,000
3/22/2017 $72,000
3/17/2017 $42,000
3/3/2017 $20,000
3/1/2017 $44,700
2/28/2017 $8,500
2/22/2017 $10,000
2/21/2017 $40,000
2/20/2017 $20,000
2/15/2017 $20,000
2/10/2017 $30,000
2/9/2017 $32,000
2/1/2017 $42,000
1/17/2017 $73,500
1/17/2017 $40,000
1/13/2017 $15,000
These are Qualified Sales ie sales that are not administrative or by quitclaim.
Of those 31 sales, 5 were lots. Of those 5 lots, ALL sold for prices that decreased from the previously-recorded sale. Those decreases were 8%, 10%, 20%, 40% and 60%. This is a gross summary and the last sale could have been 40 years ago, which will skew the meaning of a percentage of decrease.
Of the remaining 26 homes, 9 were decreased from the previous sale amount and 2 had no data to make a selling price comparison. Excluding those, the remaining 15 homes were increased, but like the lots, you cannot find meaning without knowing the time between the sales.
All in all, I think I would characterize the 2017 selling season as "disappointing". It appears that sales prices in Polk have not rebounded as fast as other regions of Florida.
6/28/2017 $29,000
6/15/2017 $21,500
6/5/2017 $75,000
5/30/2017 $30,000
5/22/2017 $25,000
5/19/2017 $45,000
4/28/2017 $59,000
4/26/2017 $36,000
4/19/2017 $13,500
4/14/2017 $120,000
4/12/2017 $75,000
4/7/2017 $85,000
3/31/2017 $14,900
3/30/2017 $51,000
3/27/2017 $20,000
3/23/2017 $54,000
3/22/2017 $72,000
3/17/2017 $42,000
3/3/2017 $20,000
3/1/2017 $44,700
2/28/2017 $8,500
2/22/2017 $10,000
2/21/2017 $40,000
2/20/2017 $20,000
2/15/2017 $20,000
2/10/2017 $30,000
2/9/2017 $32,000
2/1/2017 $42,000
1/17/2017 $73,500
1/17/2017 $40,000
1/13/2017 $15,000
These are Qualified Sales ie sales that are not administrative or by quitclaim.
Of those 31 sales, 5 were lots. Of those 5 lots, ALL sold for prices that decreased from the previously-recorded sale. Those decreases were 8%, 10%, 20%, 40% and 60%. This is a gross summary and the last sale could have been 40 years ago, which will skew the meaning of a percentage of decrease.
Of the remaining 26 homes, 9 were decreased from the previous sale amount and 2 had no data to make a selling price comparison. Excluding those, the remaining 15 homes were increased, but like the lots, you cannot find meaning without knowing the time between the sales.
All in all, I think I would characterize the 2017 selling season as "disappointing". It appears that sales prices in Polk have not rebounded as fast as other regions of Florida.