Lakeland FL Overall Existing Home Sales for June 2011

Lakeland FL Overall Existing Home Sales for June 2011

Overall existing home sales in Lakeland Florida slipped to $95,423 for the month of June, when compared to the previous month as well as the previous year.

217 Lakeland overall homes sales in June

May 2011:  232 – previous year June 10: 224 sold

June – average sales price $95,423

May: $110,093 (-13.32%) – previous year June 10: $118,041 (-19.16%)

June – median sales price $80,000

May: $89,995 (-11.11%) – previous year June 10: $109,750 (-27.11%)

The graph below represents average and median home sales for June in Lakeland, Fl for various categories. When our media provides us with a real estate market reports, generally these reports outline only Single Family Homes and Condominiums, as well as data just from only the local associations within Polk County. This report provides you data from all REALTORS(R) who have sold homes in this city whether or not they are affiliated with any associations in Polk County.  Lakeland Florida has a variety of homes, such as manufactured homes, town homes, villas and duplex units for sale.

What was the average sales price in each Lakeland zip code?

Take a look at my spreadsheet below. I’ve separated the report by zip code instead of school zones; it gives you a more accurate report in my opinion. The data and graphs for this report were obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”. The numbers highlighted in pink represents the zip codes where average home sales have exceeded.

A stable “healthy housing market has a supply of six month in inventory. Lakeland’s housing market has a total of 1989 including active Lakeland FL Homes for Sale and homes that have gone under contract (pending).  From the chart below you can see the housing trend with respect to Supply and Demand heading towards stabilization of a balanced housing market, even though housing prices are still decreasing when compared to the previous years.

Distressed properties in Lakeland, Florida

For the month of June, foreclosures and short sales comprised a total of 54% of homes sold. There were a total of 118 homes sold in June, according to Mid-Florida Regional MLS.

Check back soon for June detailed Lakeland Florida housing report that highlights bank-owned properties (REOs) and Lakeland FL Short Sales.

For more information please visit my blog about Lakeland FL Homes for Sale, real estate, communities and events.

Copyright © 2011 By Petra Norris *Lakeland FL Overall Existing Home Sales for June 2011*

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