Lakeland Real Estate Update – 12/16-12/31/09

Update for the Lakeland real estate market! Currently, there are 1878 homes for sale throughout Lakeland – as of 01/08/10. Newly listed homes for the period of December 16th through December 31st totaled 121 Lakeland homes recently came on the market. The average sales price of Lakeland homes listed with area Realtors® for decreased to $197,553 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:

4 condos listed with an average sales price of $81,175

10 mobile homes listed with an average sales price of $64,720

1 Townhomes/Villas listed for $64,900

106 single family homes with an average price of $171,831

Lakeland’s newest homes listed! The priciest Lakeland real estate is a 2006 pool home; featuring 4 bedrooms and 4 ½  baths with over 3,700 square feet of living space currently offered for $750,000 located in the Grandview Landings.  On the contrary, the cheapest Lakeland home newly listed is a bank owned 2 bedrooms 1 bath property listed for $16,900 – just over $20.00 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 – 13 with an average sales price of $73,750

33803 –10 with an average sales price of $232,710

33805 – 06 with an average sales price of $78,450

33809 – 11 with an average sales price of $169,063

33810 – 35 with an average sales price of $154,603

33811 – 17 with an average sales price of $179,220

33812 – 05 with an average sales price of $117,460

33813 – 22 with an average sales price of $199,572

33815 – 02 with an average sales price of $99,450

Update on distressed homes in Lakeland

A total of 550 properties are currently actively being marketed that are facing foreclosure. There were 60 Lakeland homes newly listed in the distressed category with average prices of $116,479 or $66.69 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.

December was a record breaking month – update on Lakeland Real Estate that have sold

December proved to be the best month for 2009 for the Lakeland real estate market in terms of the number of Lakeland Homes sold. There were 192 Lakeland homes sold so far reported with an average price of $123,943. Look for December’s detailed market report on my blog – coming soon. Lakeland Real Estate under contract but have not closed (Pending) Lakeland homes that are in pending status are at 424.

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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