Lakeland Florida Real Estate Update ~ 01/16-01/31/10

Update for the Lakeland real estate market! There are 1903 homes for sale throughout Lakeland, Florida – as of 02/06/10; the number of homes for sale remained constant for the month of January. Newly listed homes for the period of January 15th through January 31st increased slightly to 169 Lakeland homes. The average sales price of Lakeland homes listed with area Realtors® decreased to $160,386 from my previous report.

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

1 duplex unit with a sales price of $95,800

7 condos listed with an average sales price of $97,243

15 mobile homes listed with an average sales price of $65,793

14 Townhomes/Villas listed with an average sales price of $92,798

132 single family homes with an average price of $182,141

Lakeland’s newest homes listed! The priciest Lakeland real estate is a 1995 home on approximately 6 acres; featuring 5 bedrooms and 6 baths with over 5,100 square feet of living space currently offered for $675,000 located in the Oakmont Acres.  On the contrary, the cheapest Lakeland home newly listed is a bank owned 3 bedrooms 2 baths home listed for $19,900 – just under $19.00 per square foot – located in the Winston Heights 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 – 20 with an average sales price of $100,815

33803 –22 with an average sales price of $171,534

33805 – 12 with an average sales price of $112,441

33809 – 24 with an average sales price of $146,849

33810 – 35 with an average sales price of $138,452

33811 – 19 with an average sales price of $185,471

33812 – 11 with an average sales price of $277,163

33813 – 23 with an average sales price of $209,878

33815 – 03 with an average sales price of $65,233

Update on distressed homes in Lakeland

A total of 573 properties are currently actively being marketed that are facing foreclosure. There were 51 Lakeland homes newly listed in the distressed category with average prices of $109,719 or $62.43 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.

January update on Lakeland Real Estate “Sold & Pending”

So far 142 Lakeland properties have sold that have been recorded in the Multiple Listing – an increase from the previous year – check back soon for the Lakeland real estate market report. Currently, there are 475 Lakeland homes have gone to “pending”, awaiting closing.

Looking for a specific home in Lakeland Florida – look no further, feel free to contact me at petra@petranorris.com or click the search button below.

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