It’s time again for my weekly update on newly listed properties on market. The numbers of homes newly marketed continue to decline from the previous week of 67 homes to 61 homes listed with area Realtors®; carrying an average sales price of $184,743 or $99.31 per square foot. The total amount of current inventory as of Wednesday, February 11th, 2009 declined to 2,214 homes listed for sale. The average sales price is $215,889 and with an average size of a home is 1,863 square feet, which calculates to $115.88 per square foot.
1 duplex listed at $56,700
1 condo listed at $245,000
2 mobile homes listed with an average sales price of $97,250
3 townhomes/villas with an average sales price of $96,600
54 single family homes with an average price of $194,136
The priciest home that came newly on the market is a newly renovated 1980 Spanish Mediterranean pool home located in the Lone Palm Golf Club community; featuring 4 bedrooms and 4 baths with over 3,600 square feet of living space currently offered for $999,900. On the contrary, the cheapest home newly on the market is a bank-owned 3 bedroom 1 bath home listed for $37,500 – $35.24 per square foot. The 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 – 08 at an average sales price of $99,312
33803 – 07 at an average sales price of $213,957
33805 – 05 at an average sales price of $183,740
33809 – 08 at an average sales price of $181,384
33810 – 10 at an average sales price of $152,450
33811 – 06 at an average sales price of $198,816
33812 – 02 at an average sales price of $117,250
33813 – 13 at an average sales price of $200,053
33815 – 02 at an average sales price of $527,400
Weekly update on distressed properties in Lakeland
Currently there are 464 Lakeland homes for sale in the distressed category with average prices of $139,192. Of the 464 properties, there were 24 newly listed homes. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
For more information on the location of the properties in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.
ARVE Error: need id and providerWould you like to do your own search for properties? Look no further, click on the “Search for Homes” icon or contact me directly at (863) 619-6918
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Lakeland Florida Homes for Sale – Weekly Update on New Listings 02/01/09 – 02/07/09
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919