Lakeland Real Estate Update – 04/01/10-04/15/10

Update for the Lakeland FL real estate market!  Newly listed homes for the period of April 1st through April 15th decreased to 187 Lakeland homes for sale. The average sales price of Lakeland homes listed with area Realtors® decreased to $170,560 from my previous report.

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

6 condos listed with an average sales price of $147,283

17 mobile homes listed with an average sales price of $69,494

8 Townhomes/Villas listed with an average sales price of $117,663

157 single family homes with an average price of $184,989

Lakeland’s newest homes listed! The priciest home just listed in North Lakeland is a 2009 custom pool home that features 4 bedrooms and 6 baths with over 5,500 square feet of living space. This home is located in the Cypress Trace Estates gated community and is offered at $1,999,000.  On the contrary, the cheapest Lakeland home newly listed is a bank owned 3 bedrooms 2 baths home listed for $14,900 – just under $13.00 per square foot – located in the Crystal Acres Estates 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 – 22 with an average sales price of $97,286

33803 – 26 with an average sales price of $225,738

33805 – 10 with an average sales price of $112,570

33809 – 23 with an average sales price of $239,626

33810 – 43 with an average sales price of $120,100

33811 – 18 with an average sales price of $172,305

33812 – 07 with an average sales price of $217,229

33813 – 33 with an average sales price of $216,000

33815 – 05 with an average sales price of $66,760

Update on distressed homes in Lakeland

A total of 613 Lakeland homes are currently actively being marketed that are facing foreclosure. There were 70 Lakeland properties newly listed in the distressed category with average prices of $105,854 or $62.59 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.

April update on “Sold & Pending” for Lakeland real estate

So far 70 Lakeland properties have sold that have been recorded in the Multiple Listing. Currently, there are 549 Lakeland homes have gone to “pending”, awaiting closing.

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