Hi folks! Here are the numbers of my weekly update. The numbers of homes newly marketed have increased from the previous week of 61 homes to 94 homes listed with area Realtors®. The average sales price for the newly listed homes is $157,516 or $92.30 per square foot. Currently, Lakeland’s total inventory as of Wednesday, February 18th, 2009 declined to 2,204 homes listed for sale. The average sales price is $214,417 and with an average size of a home is 1,861 square feet, which calculates to $115.22 per square foot.
4 condominiums listed at an average sales price of $136,425
8 mobile homes listed with an average sales price of $106,137
2 townhomes/villas with an average sales price of $109,400
80 single family homes with an average price of $164,911
Now, you always find homes in different price ranges and it would be too extensive to list them all here. Therefore, without further ordure the priciest home that came newly on the market is a 2001 custom built pool home located in the Eaglebrooke Golf Club Community; featuring 4 bedrooms and 2 ½ baths with over 3,000 square feet of living space currently offered for $549,000. On the contrary, the second cheapest home on the market in all of Lakeland is a bank-owned 3 bedroom 1 bath home which is listed for $12,500 – $14.14 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 – 10 at an average sales price of $119,570
33803 – 17 at an average sales price of $151,482
33805 – 08 at an average sales price of $105,725
33809 – 12 at an average sales price of $146,312
33810 – 21 at an average sales price of $144,023
33811 – 08 at an average sales price of $201,137
33812 – 07 at an average sales price of $220,542
33813 – 10 at an average sales price of $216,680
33815 – 01 sales price of $89,900
Weekly update on distressed properties in Lakeland
A total of 470 properties are currently facing foreclosure. Newly listed were 38 Lakeland homes for sale in the distressed category with average prices of $138,736. 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 newly listed 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 provider
For more information on my recent Lakeland market reports, please visit by clicking on the links below:
Would 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 02/08/09 – 02/14/09
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919