About Highlands County, FL

Today I received my five minutes of fame and it really felt good, No, it felt G R E A T!

What a Surprise I received during our 2009 Award Banquet. I belong to the LAKE Placid Board of REALTORS in Lake Placid, Florida and have been a member since 2002.

I have served as a Director on the Lake Placid Board of Realtors for 2 years and loved every minute of it.

In the past I had been nominated for Rookie of the Year, Realtor of the Year, Board Achiver but never expected to win.

Nothing could have prepared me for what was to come nor did I ever imagine that my heart was going to race at a speed I've never known. Lunch was great and they handed out a few awards. Now it was time for the big ones to be announced. I was just there to congratulate my fellow Real Estate Agents.

When my name was announced as Realtor of the Year it had to be one of the best feeling I've ever had. Wow this is really happening to me and that's really all I could say to the audience of about 80 of my peers. Then I was speechless, so not like me. Imagine a real estate agent not having anything to say?

REALTOR of the Year because to be awarded such an Honor for something you love to do is just Wonderful!! I want to share this with You!! I am so overjoyed that I couldn't talk for crying. I am blessed and so Thankful ! I'm still pinching myself. Life is good!

Sebring Residential Home Sales:

Residential Sales 2004 - 2009 on the local MLS.

Year / Number of Single Family Sales / Median Sale Price / Average Days On Market

2004 / 1178 / $99,500 / 94

2005 / 1168 / $146,119 / 81 // An increase in the median value of 46.8% from 2004.

2006 / 928 / $165,000 / 112 // An increase in the median value of 12.9% from 2005.

2007 / 595 / $145,000 / 159 // A decrease in the median value of 12.1% from 2006.

2008 / 527 / $125,000 / 144 // A decrease in the median value of 13.8% from 2007.

2009 / 664 / $92,950 / 138 // A decrease in the median value of 26.6% from 2008.

The 2009 figures end date is 12/31/2009. The only property type excluded are duplexes.

Active Listings: 543

Pending Sales: 129

Closed Sales: 512

512 / 12 = 42.67 Sales Per Month

543 / 42.67 = 12.73 Month Supply Currently Available In Sebring

As of 03/01/2009 the monthly supply was 19.9

As of 04/03/2009 the monthly supply was 18.7

As of 05/04/2009 the monthly supply was 18.4

As of 06/03/2009 the monthly supply was 17.2

As of 07/06/2009 the monthly supply was 16.4

As of 08/05/2009 the monthly supply was 15.15

As of 09/03/2009 the monthly supply was 14.1

As of 10/05/2009 the monthly supply was 14.7

As of 11/03/2009 the monthly supply was 14.55

As of 12/02/2009 the monthly supply was 14.4

As of 01/05/2010 the monthly supply was 12.7

Spring Lake

-- Active Listings: 35

-- Pending Sales: 14

-- Closed Sales: 48

Sun N Lakes (S.):

-- Active Listings: 75

-- Pending Sales: 28

-- Closed Sales: 89

Sebring Ridge:

-- Active Listings: 12

-- Pending Sales: 8

-- Closed Sales: 21

Sebring Country:

-- Active Listings: 14

-- Pending Sales: 6

-- Closed Sales: 42

Harder Hall/Lake Haven/Orange Blossom: (Strap Numbers begin with:C-01/C-02/C-24)

-- Active Listings: 66

-- Pending Sales: 19

-- Closed Sales: 68

Sebring Hills:

-- Active Listings: 27

-- Pending Sales: 5

-- Closed Sales: 34

Sebring Country Club:

-- Active Listings: 17

-- Pending Sales: 7

-- Closed Sales: 14

This section will address properties that are listed on the local MLS as short sales, bank owned, corporate owned or

in foreclosure in Sebring, FL. Highlands County market data in this section is including

All residential properties are included. As of 01/05/2010 the local MLS has:

Sebring:

Active Bank Owned: 27

Pending Bank Owned: 16

Bank Owned Sales In The Past 12 Months: 161

Active Short Sale: 87

Pending Short Sales: 67

Short Sales Closed In The Past 12 Months: 74

The decline/increase over the last 12 months is figured as follows. This data does include all residential

types of properties (only duplexes excluded) sold on the local MLS:

01/01/2009-06/30/2009: Sebring: $95,000

07/01/2009-09/30/2009: Sebring: $92,500

Sebring

01/01/2009-06/30/2009 Total Sales: 324 Average Days: 133 Average Sales Per Month: 54

07/01/2009-09/30/2009 Total Sales: 176 Average Days: 147 Average Sales Per Month: 58.7

10/01/2009-12/31/2009 Total Sales: 151 Average Days: 145 Average Sales Per Month: 50.

10/01/2009-12/31/2009: Sebring: $88,000

A decline in the median value of $7,000 or 7.37%

Lake Placid Residential Home Sales:

Residential Sales 2004 - 2009 on the local MLS.

Year / Number of Single Family Sales / Median Sale Price / Average Days On Market

2004 / 576 / $125,000 / 88

2005 / 554 / $179,900 / 99 // An increase in the median value of 43.9% from 2004.

2006 / 404 / $195,000 / 124 // An increase in the median value of 8.4% from 2005.

2007 / 280 / $170,000 / 156 // A decrease in the median value of 12.8% from 2006.

2008 / 228 / $135,000 / 182 // A decrease in the median value of 20.6% from 2007

2009 / 305 / $110,000 / 177 // A decrease in the median value of 18.52% from 2008

The 2009 figures end date is 12/31/2009. The only property type excluded are duplexes.

-- Active Listings: 341

-- Pending Sales: 44

-- Closed Sales: 267

267 / 12 = 22.25 Sales Per Month

341 / 22.25 = 15.33 Month Supply Currently Available In Lake Placid

As of 03/01/2009 the monthly supply was 24.9

As of 04/03/2009 the monthly supply was 23.1

As of 05/04/2009 the monthly supply was 23.6

As of 06/03/2009 the monthly supply was 22.9

As of 07/06/2009 the monthly supply was 20.35

As of 08/05/2009 the monthly supply was 19.0

As of 09/03/2009 the monthly supply was 18.0

As of 10/05/2009 the monthly supply was 16.8

As of 11/03/2009 the monthly supply was 15.9

As of 12/02/2009 the monthly supply was 16.05

As of 01/05/2010 the monthly supply was 15.33

Leisure Lakes:

-- Active Listings: 35

-- Pending Sales: 5

-- Closed Sales: 28

Placid Lakes:

-- Active Listings: 79

-- Pending Sales: 17

-- Closed Sales: 82

Sun N Lakes (L.P.):

( C-22-37-30)

-- Active Listings:

-- Pending Sales:

-- Closed Sales:

Sylvan Shores/Highlands Park:

(C-20/C-29-36-30)

-- Active Listings: 56

-- Pending Sales: 8

-- Closed Sales: 50

Tomoka Heights:

-- Active Listings: 21

-- Pending Sales: 1

-- Closed Sales: 10

Lake June Pointe:

(P-35)

-- Active Listings: 6

-- Pending Sales: 0

-- Closed Sales: 2

This section will address properties that are listed on the local MLS as short sales, bank owned, corporate owned or

in foreclosure in Sebring Fl. Only two sections will be provided with bank owned, corporate owned and in foreclosure being

considered the same type of listing. All residential properties are included. As of 01/05/2010 the local MLS has:

Lake Placid:

Active Bank Owned: 22

Pending Bank Owned: 8

Bank Owned Sales In The Past 12 Months: 67

Active Short Sales: 46

Pending Short Sales: 38

Short Sales Closed In The Past 12 Months: 24

The decline/increase over the last 12 months is figured as follows. This data does include all residential

types of properties (only duplexes excluded) sold on the local MLS:

Lake Placid

01/01/2009-06/30/2009 Total Sales: 143 Average Days: 178 Average Sales Per Month: 23.8

07/01/2009-09/30/2009 Total Sales: 80 Average Days: 171 Average Sales Per Month: 26.7

10/01/2009-12/31/2009 Total Sales: 79 Average Days: 185 Average Sales Per Month: 26.3

Avon Park Residential Home Sales:

Residential Sales 2004 - 2009 on the local MLS.

Year / Number of Single Family Sales / Median Sale Price / Average Days On Market

2004 / 356 / $84,150 / 100

2005 / 321 / $135,000 / 105 // An increase in the median value of 25.6% from 2004.

2006 / 310 / $158,500 / 135 // An increase in the median value of 17.4% from 2005.

2007 / 181 / $140,000 / 160 // A decrease in the median value of 11.7% from 2006.

2008 / 150 / $96,125 / 129 // A decrease in the median value of 31.3% from 2007.

2009 / 185 / $85,000 / 138 // A decrease in the median value of 11.6% from 2008.

The 2009 figures end date is 12/31/2009. The only property type excluded are duplexes.

-- Active Listings: 188

-- Pending Sales: 24

-- Closed Sales: 149

149 / 12 = 12.42 Sales Per Month

188 / 12.42 = 15.14 Month Supply Currently Available In Avon Park

As of 03/01/2009 the monthly supply was 20.9

As of 04/03/2009 the monthly supply was 21.1

As of 05/04/2009 the monthly supply was 18.2

As of 06/03/2009 the monthly supply was 17.8

As of 07/06/2009 the monthly supply was 16.2

As of 08/05/2009 the monthly supply was 17.1

As of 09/03/2009 the monthly supply was 15.4

As of 10/05/2009 the monthly supply was 15.55

As of 11/03/2009 the monthly supply was 15.8

As of 12/02/2009 the monthly supply was 15.65

As of 01/05/2010 the monthly supply was 15.14

Avon Park Lakes/Apple Red Hill Farms: (Strap Number C-01-33-28)

-- Active Listings: 57

-- Pending Sales: 9

-- Closed Sales: 54

Inside City Limits:

-- Active Listings: 54

-- Pending Sales: 8

-- Closed Sales: 49

This section will address properties that are listed on the local MLS as short sales, bank owned, corporate owned or

in foreclosure in Avon Park, FL. Only two sections will be provided with bank owned, corporate owned and in foreclosure being

considered the same type of listing. All residential properties are included. As of 01/05/2010 the local MLS has:

Avon Park:

Active Bank Owned: 7

Pending Bank Owned: 7

Bank Owned Sales In The Past 12 Months: 42

Active Short Sales: 22

Pending Short Sales: 13

Short Sales Closed In The Past 12 Months: 15

The decline/increase over the last 12 months is figured as follows. This data does include all residential

types of properties (only duplexes excluded) sold on the local MLS:

01/01/2009-06/30/2009: Avon Park: $85,000

07/01/2009-09/30/2009: Avon Park: $74,750

10/01/2009-12/31/2009: Avon Park: $92,500

An increase in the median value of $7,500 or 8.82%

01/05/2010 Highlands County Real Estate Marketing Conditions

Below is a brief summary of the data included in this e-mail.

Highlands County had 96 residential sales in December. 48 of the sales sold for cash, 31 conventional, 11 FHA, 1

VA, 4 owner and 1 other. With 2009 finished Highlands County had an increase in residential sales on the local MLS

of 26.14% when compared to 2008 sales. The median sales price of residential sales on the local MLS ended up

down 24% in 2009 when compared to 2008 data.

Avon Park has had 15 single family sales in the past month. Inventory has decreased for the second month in a row.

With 2009 finished Avon Park had an increase in residential sales on the local MLS of 23.33% when compared to

2008 sales. The median sales price of residential sales on the local MLS ended up down 11.6% in 2009 when

compared to 2008 data.

Lake Placid has had 27 single family sales in the past month. Inventory has decreased by a large amount when

compared to last month. With 2009 finished Lake Placid had an increase in residential sales on the local MLS of

33.77% when compared to 2008 sales. The median sales price of residential sales on the local MLS ended up down

18.5% in 2009 when compared to 2008 data.

Sebring has had 53 single family sales in the past month. Inventory has decreased by a large amount when

compared to last month. With 2009 finished Sebring had an increase in residential sales on the local MLS of 26%

when compared to 2008 sales. The median sales price of residential sales on the local MLS ended up down 26.6%

in 2009 when compared to 2008 data.

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Below is an analysis of the market supply and absorption rates for the three major cities in Highlands County

effective 01/05/2010. There will also be a breakdown of some of the larger communities in these cities. The

information will give the active listings, pending sales and closed sales for the past year. Only single family property

information was reviewed therefore attached villas/condos/duplexes ect. have not been included with the data

provided below. The absorption rate is figured as follows:

Closed Sales / 12 Months = Sales Per Month

Active listing / Sales Per Month = Monthly Supply

A section will be included in the data that will discuss the total sales per year, median home value and the average

days on the market for sold properties from 2004 - 2009 in Highlands County. Each city also has this data. This data

does include all SF types of properties sold on the local MLS. The data provided is from the local MLS.

Highlands County Residential Home Sales:

Residential Sales 2004 - 2009 on the local MLS.

Year / Number of Single Family Sales / Median Price / Average Days On Market

2004 / 2120 / $104,900 / 94

2005 / 2091 / $152,000 / 90 // An increase in the median value of 44.9% from 2004.

2006 / 1659 / $169,000 / 119 // An increase in the median value of 11.2% from 2005.

2007 / 1077 / $150,000 / 158 // A decrease in the median value of 11.2% from 2006.

2008 / 922 / $125,000 / 152 // A decrease in the median value of 16.7% from 2007.

2009 / 1163 / $95,000 / 148 // A decrease in the median value of 24% from 2008.

The 2009 figures end date is 12/31/2009. The only property type excluded are duplexes

This section will address properties that are listed on the local MLS as short sales, bank owned, corporate owned or

in foreclosure in Highlands County and all three cities. Highlands County market data in this section is including

Lorida and Venus. Only two sections will be provided with bank owned, corporate owned and in foreclosure being

considered the same type of listing. All residential properties are included. As of 01/05/2010 the local MLS has:

Highlands County

Active Bank Owned: 56

Pending Bank Owned: 31

Bank Owned Sales In The Past 12 Months: 271

Active Short Sales: 156

Pending Short Sales: 133

Short Sales Closed In The Past 12 Months: 122

Avon Park:

Active Bank Owned: 7

Pending Bank Owned: 7

Bank Owned Sales In The Past 12 Months: 42

Active Short Sales: 22

Pending Short Sales: 13

Short Sales Closed In The Past 12 Months: 15

Lake Placid:

Active Bank Owned: 22

Pending Bank Owned: 8

Bank Owned Sales In The Past 12 Months: 67

Active Short Sales: 46

Pending Short Sales: 38

Short Sales Closed In The Past 12 Months: 24

Sebring:

Active Bank Owned: 27

Pending Bank Owned: 16

Bank Owned Sales In The Past 12 Months: 161

Active Short Sale: 87

Pending Short Sales: 67

Short Sales Closed In The Past 12 Months: 74

The decline/increase over the last 12 months is figured as follows. This data does include all residential

types of properties (only duplexes excluded) sold on the local MLS:

01/01/2009-06/30/2009: Avon Park: $85,000

07/01/2009-09/30/2009: Avon Park: $74,750

10/01/2009-12/31/2009: Avon Park: $92,500

An increase in the median value of $7,500 or 8.82%

01/01/2009-06/30/2009: Lake Placid: $105,000

07/01/2009-09/30/2009: Lake Placid: $129,750

10/01/2009-12/31/2009: Lake Placid: $121,000

A increase in the median value of $16,000 or 15.23%

01/01/2009-06/30/2009: Sebring: $95,000

07/01/2009-09/30/2009: Sebring: $92,500

10/01/2009-12/31/2009: Sebring: $88,000

A decline in the median value of $7,000 or 7.37%

Looking at this data closer: At the same time values are starting to trend upward in Lake Placid and Avon Park the

average days on the market for closed sales in these two cities is also increasing. At the same time values continue

to fall in Sebring the total sales per month is also decreasing while average days on the market has increased.

Avon Park

01/01/2009-06/30/2009 Total Sales:109 Average Days: 115 Average Sales Per Month: 18.2

07/01/2009-09/30/2009 Total Sales: 30 Average Days: 143 Average Sales Per Month: 10

10/01/2009-12/31/2009 Total Sales: 46 Average Days: 187 Average Sales Per Month: 15.3

Lake Placid

01/01/2009-06/30/2009 Total Sales: 143 Average Days: 178 Average Sales Per Month: 23.8

07/01/2009-09/30/2009 Total Sales: 80 Average Days: 171 Average Sales Per Month: 26.7

10/01/2009-12/31/2009 Total Sales: 79 Average Days: 185 Average Sales Per Month: 26.3

Sebring

01/01/2009-06/30/2009 Total Sales: 324 Average Days: 133 Average Sales Per Month: 54

07/01/2009-09/30/2009 Total Sales: 176 Average Days: 147 Average Sales Per Month: 58.7

10/01/2009-12/31/2009 Total Sales: 151 Average Days: 145 Average Sales Per Month: 50.3