Lakeland Real Estate Update – 01/01/10-01/15/10

Update for the Lakeland real estate market! Currently, there are 1903 homes for sale throughout Lakeland – as of 01/28/10. Newly listed homes for the period of January 01st through January 15th jumped to 166 Lakeland homes recently listed. The average sales price of Lakeland homes listed with area Realtors® for decreased to $162,992 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:

2 duplex units with an average sales price of $82,000

4 condos listed with an average sales price of $105,425

15 mobile homes listed with an average sales price of $71,400

2 Townhomes/Villas listed with an average sales price of $67,400

143 single family homes with an average price of $176,679

Lakeland’s newest homes listed! The priciest Lakeland real estate is a 2004 pool home; featuring 4 bedrooms and 3 ½  baths with over 3,800 square feet of living space currently offered for $849,000 located in the Eaglebrooke Community.  On the contrary, the cheapest Lakeland home newly listed is a bank owned 3 bedrooms 2 bath property listed for $33,000 – just over $22.00 per square foot – located in the Idlewild 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 – 14 with an average sales price of $95,229

33803 –24 with an average sales price of $159,950

33805 – 08 with an average sales price of $141,450

33809 – 17 with an average sales price of $168,318

33810 – 41 with an average sales price of $150,190

33811 – 15 with an average sales price of $152,833

33812 – 15 with an average sales price of $181,473

33813 – 27 with an average sales price of $240,393

33815 – 05with an average sales price of $45,720

Update on distressed homes in Lakeland

A total of 563 properties are currently actively being marketed that are facing foreclosure. There were 69 Lakeland homes newly listed in the distressed category with average prices of $132,768 or $73.95 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 only 103 Lakeland properties have sold that have been recorded in the Multiple Listing. I suspect the numbers will increase even though we are at the end of the month.

459 Lakeland homes have gone to “pending”, awaiting closing.

If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com or click the search button below.

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