Winter Haven, Florida Real Estate Market Report 9/13/11

There are currently only 496 single family homes for sale in Winter Haven, Florida for an average listed price of $200,475. 347 of these are regular equity sales, 29 are REO/Bank Owned foreclosures, and 120 are short sales. From the statistics, it is clear that sellers who are listing their homes as regular equity sales are listing their homes at higher prices. Those homes on average spend more time on the market than the short sales and foreclosures.

There are 226 homes in pending status in Winter Haven, Florida which means they are under contract and waiting to close. 64 are equity sales, 28 are REO/Bank Owned foreclosures, and 134 are short sales.

There were 64 homes sold in Winter Haven, Florida during the month of August 2011. 31 were equity sales, 17 were REO/Bank Owned foreclosures, and 16 were short sales. The average sold price for a home in Winter Haven, Florida during the month of August 2011 was $94,636, while the average listed price was $101,065. These homes were on the market for an average of 93 days.

The majority of homes sold for less than their listed price in August and the real estate market in Winter Haven, Florida is still in a gradual decline with prices being somewhat unstable. The early summer months saw prices level off some but the month of August saw a significant dip in prices.

The chart below illustrates the price trend over the last year for homes sold in Winter Haven, Florida.