Lakeland FL Real Estate Update for May 16 – May 31, 2010

Update for the Lakeland Real Estate market! Newly listed homes for the period of May 16th through May 31st, 2010.  A total of 130 Lakeland FL homes for sale

Home buying in Lakeland Fl

were recently listed with area Realtors®.  The average sales price of Lakeland homes for sale increased to $170,039.45 from my previous report. The total inventory of Lakeland real estate is 1912 as or 6/10/2010.


The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:

2 duplex listed with an average sales price of $45,000
3 condos listed with an average sales price of $191,467
6 mobile homes listed with an average sales price of $51,900
2 townhomes/villas listed with an average sales price of $64,900
117 single family homes with an average sales price of $178,526

Lakeland’s newest homes listed! The priciest home listed for this time period is a 1998 pool home that features 3 bedroom 3 baths home with over 3,100 square feet of living space. The home is situated on Scott Lake and is offered at $899,000.  On the contrary, the cheapest Lakeland home listed for this time period is a 2 bedroom 1 bath bank owned home in the Floridena subdivision.  It is offered at $24,750, just over $30.00 per square foot.

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 – 15 with an average sales price of $67,819
33803 – 14 with an average sales price of $154,593
33805 – 09 with an average sales price of $133,070
33809 – 14 with an average sales price of $150,814
33810 – 23 with an average sales price of $135,283
33811 – 12 with an average sales price of $143,318
33812 – 05 with an average sales price of $142,140
33813 – 36 with an average sales price of $271,333
33815 – 02 with an average sales price of $152,250

Update on distressed homes in Lakeland

A total of 619 Lakeland homes are currently actively being marketed that are facing foreclosure. There were 56 Lakeland homes newly listed in the distressed category as Bank Owned and Short Sale with an average price of $114,274 or $63.25 per square foot.

May Update on “Sold & Pending” for Lakeland Real Estate

217 Lakeland homes were sold in May with an average sales price of $120,955.  There are currently 512 Lakeland homes in “pending” status awaiting to close according to the Multiple Listing.  Check back soon for my detailed market report for Lakeland homes sold in May.

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