Avon Park:
Days on the Market: 134
Number of Sales: 13
Average List Price: $114,473
Average Sale Price: $108,763
Sold to Original Ratio: 86.85%
Sold to List Ratio: 90.01%
Absorption Rate: 26.50
Amount of Sales* by Price Range:
Under $100,000: 8
$100,000-$150,000: 4
$150,000-$200,000: -
$200,000-$250,000 -
$250,000-$300,000 -
$300,000 and up 1
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Sebring:
Days on the Market: 148
Number of Sales: 49
Average List Price: $132,060
Average Sale Price: $119,854
Sold to Original Ratio: 82.70%
Sold to List Ratio: 90.76%
Absorption Rate: 25.99
Amount of Sales* by Price Range:
Under $100,000: 20
$100,000-$150,000: 8
$150,000-$200,000: 6
$200,000-$250,000 3
$250,000-$300,000 1
$300,000 and up 1
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Lake Placid:
Days on the Market: 182
Number of Sales: 14
Average List Price: $229,100
Average Sale Price: $207,640
Sold to Original Ratio: 84.81%
Sold to List Ratio: 90.63%
Absorption Rate: 31.63
Amount of Sales* by Price Range:
Under $100,000: 4
$100,000-$150,000: 5
$150,000-$200,000: 3
$200,000-$250,000 2
$250,000-$300,000 -
$300,000 and up -
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Highlands County:
Days on the Market: 168
Number of Sales: 66
Average List Price: $134,937
Average Sale Price: $122,418
Sold to Original Ratio: 81.89%
Sold to List Ratio: 90.72%
Absorption Rate: 27.86
Amount of Sales* by Price Range:
Under $100,000: 27
$100,000-$150,000: 16
$150,000-$200,000: 11
$200,000-$250,000 5
$250,000-$300,000 1
$300,000 and up 2
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The absorption rate for all three cities as well as county wide has gone up for the first time since January 2008. While the number of For Sale By Owner's has gone down dramatically since last year, we find there are more and more sellers willing to list their homes at fair market value.
The bulk of sales still happens in the "Bargain Area", around $100K.
