Hi folks! Here are the numbers of my weekly update. The numbers of homes newly marketed have increased from the previous week of 51 homes to 71 homes listed with area Realtors®. The average sales price for the newly listed homes is $218,905 or $98.08 per square foot. Currently, Lakeland’s total inventory as of Wednesday, March 4th, 2009 slightly increased to 2,208 homes listed for sale. The average sales price is $213,594 and with an average size of a home is 1,863 square feet, which calculates to $114.65 per square foot.
4 condominiums listed with an average sales price of $94,225
8 mobile homes listed with an average sales price of $86,062
2 Townhomes/Villas listed with an average sales price of $122,400
57 single family homes with an average price of $249,685
The priciest home that came newly on the market is a 1999 custom built pool home complete with an equestrian center and a four horse stall barn that is situated on a 20+ acre property in South Lakeland; featuring 5 bedrooms and 4 ½ baths with over 5,600 square feet of living space currently offered for $3,400,000. On the contrary, the cheapest home newly on the market is a 3 bedroom 2 bath fixer-upper listed for only $32,000 – $29.71 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 with an average sales price of $85,750
33803 – 07 with an average sales price of $186,000
33805 – 05 with an average sales price of $77,180
33809 – 10 with an average sales price of $184,250
33810 – 14 with an average sales price of $189,192
33811 – 04 with an average sales price of $975,612
33812 – 05 with an average sales price of $177,720
33813 – 10 with an average sales price of $331,490
33815 – 06 with an average sales price of $66,625
Weekly update on distressed properties in Lakeland
A total of 501 properties are currently facing foreclosure. Newly listed were 23 Lakeland homes for sale in the distressed category with average prices of $115,095 or $69.57 per square foot. 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 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 02/22/09 – 02/28/09
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919