Lakeland FL Sandpiper Golf & Country Club 55+ Community – April 2012 Real Estate Market Update

Lakeland FL Sandpiper Homes – April 2012 Real Estate Market Update

Sandpiper Golf & Country Club, an active 55+ community, is located in North Lakeland with easy access to I-4, top medical facilities, shopping a dining. The homes were built in the late 80’s through the late 90’s and contain approximately 1200 single homes and villas from over 900 – 2,000 square feet. Homes have 2 or 3 bedrooms, vaulted ceilings, and offer a variety of floor plans and upgrades, such as enclosed patio, flooring, kitchen, appliances, etc. They are mostly used as vacation homes for our Snow Birds as their winter resident; however year around living shows an active lifestyle in this community, such as golfing, swimming, social gatherings, walking, exercising, dining and much more.

A snapshot of the Sandpiper Golf & Country Club real estate market for April 2012:
In the 55+ age restricted Sandpiper Golf & Country Club community there were four homes sold in April 2012 while 18 homes are currently for sale.  Although prices continue to slide for this 55+ adult community, it has very few distressed properties.
A snapshot of the Sandpiper Lakeland FL Homes for Sale:
Active Listings: 18 – Declining Inventory
Average list price: $126,371
Median list price: $124,900
Pending Listings: 11 – Increased 
Average list price: $119,782
Median list price: $122,000
4 Homes were sold in the Sandpiper Golf & Country Club community in April 2012 with an average sales price of $109,875, compared to 4 homes sold the previous year for an average sales price of $130,250 a decline of 16%
5990 Swallow Dr. – 3b/2b – 1,914 sq.ft Sold: $155,000 – traditional sale
5977 Grouse Dr – 2b/2b – 1,301 sq.ft. Sold: $97,000 – traditional sale
6087 Swallow Dr.. – 2b/2b – 1,606 sq.ft. Sold:$125,000 – traditional sale
6072 Kittiwake Dr – 2b/2b – 1,155 sq.ft. Sold: $62,500 – REO/Bank Owned
On occasion I will bring to you a statistics about Sandpiper Homes Housing Inventory and how long it will take to absorb it’s current inventory.  While the Sandpiper inventory is shrinking, we are still in a buyer’s market which may leveling into a more balanced market as we have less than 7 months of supply.
Homes in Lakeland FL for Sale
If you are interested in selling your Sandpiper Golf & Country Club home and would like to know what your home might sell for, give me a call at (863) 619-6918.  Also, if you are interested more about homes for sale in the over 55+ Sandpiper Golf & Country Club community, again call or email me at petra[at]

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