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Appraisals
Lake Worth Florida Median Home Price Stats - updated 08/19/09
Average Listing Price
$248,906 + - Down $2,194 - 0.9% w-o-w
Week ending August 12

Median Sale Price
$122,500 - Down $90,000 - / -42.4% y-o-y

The median sales price for homes in  Lake Worth FL was $122,500 down $90,000 or 42.4%.  There are 1820
Pre-Foreclosures and 231 Bank Owned Properties in the Lake Worth market place as per RealtyTrac.com.

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ValuTech Services
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Lake Worth Florida Market History
Lake Worth is a city in Palm Beach County, Florida, which takes its name from the body of water along its eastern
border, originally called "Lake Worth", and now generally known as the Lake Worth Lagoon.

Lake Worth contains a bounty of public parks and open space. The Municipal Beach is one of the last remaining
large tracts of open, public space on the ocean in southeast Florida. Historically, it has always been a destination
complete with a Casino building with retail shops. Currently, a proposal to renovate the beach park is underway and
represents an innovative public/private partnership. The City Pier, jutting into the Atlantic, was once a proud symbol of
the city; however, much of it was destroyed by Hurricane Frances in 2004. It is currently being rebuilt and raised 5 feet
(1.5 m). Bryant Park, downtown on Lake Worth, has a 1920s bandshell which is used for festivals and events year
round. The nearby municipal golf course offers low cost golfing with spectacular views of Lake Worth and Palm
Beach beyond. On the west side of town, the County owned John Prince Park follows meandering shores of Lake
Osborne and offers miles of bike and walking trails as well as hundreds of acres for picnicking, volleyball and even
overnight camping. In 2009 the Snook Islands Recreation Boardwalk and Fishing Pier should be complete, where
county residents will have access to Lake Worth and the Intracoastal Waterway for fishing and nature walks to view
the mangroves and manatee.