Update for the Lakeland real estate market! Currently, there are 1943 homes for sale throughout Lakeland – as of 11/19/09. Newly listed homes for the period of November 1st through November 15th totaled 153 Lakeland homes recently came on the market. A decline from the previous my previous report. Average sales price of $176,647 or $89.01 per square foot with area Realtors®.
The types of homes and average prices just listed in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:
3 duplex listed with an average sales price of $93,276
6 condos listed with an average sales price of $152,183
7 mobile homes listed with an average sales price of $72,614
6 Townhomes/Villas listed with an average sales price of $92,866
130 single family homes with an average price of $191,121
Lakeland’s newest homes listed! The priciest Lakeland real estate is a 1996 pool home is located on Scott Lake; featuring 5 bedrooms and 4 ½ baths with over 6,100 square feet of living space currently offered for $2,995,000. On the contrary, the cheapest Lakeland home newly listed is a 2 bedroom 2 baths listed for only $30,000 – just over $26.00 per square foot – located in the Rolling Glen subdivision.
All data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
Take a look at the breakdown by zip code:
33801 – 17 with an average sales price of $93,276
33803 – 28 with an average sales price of $178,857
33805 – 06 with an average sales price of $126,698
33809 – 20 with an average sales price of $128,425
33810 – 31 with an average sales price of $123,841
33811 – 11 with an average sales price of $236,436
33812 – 08 with an average sales price of $158,575
33813 – 28 with an average sales price of $328,639
33815 – 04 with an average sales price of $48,575
Update on distressed homes in Lakeland
A total of 549 properties are currently actively being marketed that are facing foreclosure. There were 64 Lakeland homes newly listed in the distressed category with average prices of $109,473 or $69.58 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
Update on Lakeland Real Estate that have sold
For the period of November 1st through November 15th there have been 59 Lakeland homes sold so far reported with an average price of $106,893. Lakeland Real Estate under contract but have not closed (Pending) Lakeland homes that are in pending status are at 516, a trend that has increased steadily over the past few months. This is a positive sign indicating sales are stabilizing or increasing.
