Lakeland FL Carillon Lakes Homes for Sale | Market Report for August 2012

Lakeland FL Carillon Lakes Homes for Sale | Market Report for August 2012

As media reports always speak generally, rather than locally, their market reports certainly does not represent the local market, especially when it comes to a community such as the Carillon Lakes community or any local Lakeland FL real estate market. If you are a buyer or a seller in the Carillon Lakes community of Lakeland FL, it is important to know and understand the real estate market so you can make an informed decision when it comes to buying or selling Carillon Lakes homes for sale in Lakeland Florida.

Carillon Lakes in Lakeland Florida was developed over ten years ago and it is a deed restricted community. There are a variety of homes and condominiums situated throughout this lovely neighborhood that was developed in the early 2000. This community provides plenty of activities for its residents as well as for children. The community’s monthly calendar is filled with entertainment like, water aerobics, book buffs, game night, investment clubs and much, much more. The appearance of this community shows pride with manicured lawns and walkways throughout the community and its surrounding lakes.

The Carillon Lakes Community in Lakeland FL offer low monthly home owners association fee provide 24 hr gated manned security, lawn mowing in open area on the properties, usage of tennis court, basket ball courts, swimming pool, fitness center, planned activities and much, much more.

For the past twelve months as you see from the chart below, you will notice the average (7%) and median (6%) sold prices have increased, mainly due to the low inventory in the Carillon Lakes neighborhood.

Lakeland FL Carillon Lakes Market Report

Supply and Demand or Absorption Rate for Carillon Lakes Community – Lakeland FL

Market Snapshot for the Carillon Lakes Community for August 2012

Carillon Lakes Homes for Sale do not stay on the market for a long time as there is about a 5 months supply making it a balanced market even with high distress sales. Lakeland home buyers snap them up quickly on homes that are priced right and ready. Currently the average time of all homes sold for this year is 144 days and the average time for a Carillon home to be under contract is 89 days. Short sales 244 days to close, bank-owned 81 days to close and traditional homes 115 days to close.

Carillon Lakes in Lakeland FL has currently a 7 homes for sale that offer great contemporary architectural style built single family homes from 1499 – 2331 square feet of living space ranging from $145,027 – $198,500. There are also currently 5 homes under contract which 2 are short sales, 2 bank-owned and one traditional sale.

5 Carillon Lake Home was sold in August 2012 with an average price of $135,430. Same time last year no homes were sold.

3842 Serenade Lane #113 – 2b/2b – 1722 sq.ft. heated – sold $125,000 – traditional sale

3954 Whistlewood Cir. – 3b/2b – 2327 sq.ft. heated – sold $150,000 – bank-owned/REO

3342 Fiddle Leaf Way – 3b/2b – 1870 sq.ft. heated – sold $127,000 – bank-owned/REO

3138 Bellflower Way – 3b/3b – 2331 sq.ft. heated – sold $160,000 – short sale

4086 Whistlewood Cir – 3b/2b – 1638 sq.ft. – heated – sold $115,150 – bank-owned/REO

If you are considering selling your Carillon Lakes, I would be happy to provide you with a comparable market analysis. All you have to do is call my office at (863) 619-6918. If you are interested in buying a Carillon Lakes home, I would be happy to assist you and provide you with a detailed list of homes that are currently for sale.

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