2012 was a very encouraging year for the Polk County, Florida housing market and as a Lakeland home builder we can’t wait to experience the increased growth that is sure to come in 2013.
As of November, data for the Polk County housing market showed that both new home construction and home prices were up from 2011. A total of 116 permits for single-family homes were recorded in November, an increase of 70.6 percent from the year before. While these numbers were down from October, they show that housing starts are readjusting to a more normal level, which should lead to steady growth throughout 2013.
In addition to home construction starts, Polk County home prices increased in November and there was an increase in home sales. Lakeland had a total of 215 homes sold, up 19.4 percent from the same month in 2011, and East Polk County had 187 homes sold for a 50.8 percent annual gain. The county’s median sale price increased 12.2 percent to $110,000.
These exciting improvements to the housing market in Polk County are consistent with a recovering Florida housing market that has seen a 24.4 percent annual increase in home sales and a median price increase of 11.2 percent to $150,000.
Following a successful 2012, buyers can have confidence that 2013 is a great year to fulfill their dream of homeownership. Now is the time to purchase for those who want to take advantage of the market before pricing continues to rise.
At Highland Homes, we provide a wide variety of options for buyers looking to purchase Lakeland, Orlando, Winter Haven or Tampa new homes, with more than 40 plans and hundreds of home design options. Our homes are affordably priced from the low-$100,000s and to make purchasing your dream home even more affordable, qualified buyers can move in for just $99 down.
Make 2013 your best year yet, when you purchase the perfect home for your family. For more information on all of our beautiful Florida communities and available new homes, visit the Highland Homes website.