Q3 real estate sales report: Bay Hill

By Local Labs News Service | | Dec 5, 2018


Median prices rose in Bay Hill over last year, and are up 19.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 30 homes sold in Bay Hill for a median price of $572,000. That's 20.7 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Bay Hill.

Median property tax for homeowners in Bay Hill was $6,585.27 in 2015 according to tax data from that year. That means homeowners pay 1.2 percent of their home's value in taxes.

Statewide, Florida homeowners pay an effective property tax rate of 1.1 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it 21st among U.S. states and the District of Columbia.

Bay Hill real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$479,700
-
2010
17
$440,040
-8.3%
2011
7
$483,640
9.9%
2012
20
$352,670
-27.1%
2013
32
$402,300
14.1%
2014
44
$518,870
29%
2015
38
$534,717
3.1%
2016
34
$495,128
-7.4%
2017
34
$473,994
-4.3%
2018
30
$572,000
20.7%

Median property tax
Median sale price
Effective property tax rate
2013
$5,285.26
$402,300
1.3%
2014
$6,535.75
$518,870
1.3%
2015
$6,585.27
$534,717
1.2%

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