Bi-weekly update for the Lakeland real estate market! Currently, there are 1952 homes for sale throughout Lakeland – as of 08/12/09. The homes newly listed for sale dropped from two weeks ago to 129 homes in Lakeland with an average sales price of $176,288 or $90.32 per square foot with area Realtors®. Our Lakeland real estate inventory is slightly decreasing from week to week, resulting in a more active market.
The types of homes and average prices being actively marketed according to the Multiple Listing Services (MLS) are as follows:
6 condos listed with an average sales price of $93,116
11 mobile homes listed with an average sales price of $66,218
5 Townhomes/Villas with an average sales price for $115,370
108 single family homes with an average price of $193,815
Another home hit the Lakeland real estate market over the $1 million threshold. The priciest home that came newly on the market here in Lakeland, Florida is a 2000 luxury home overlooking beautiful Lake Hollingsworth; featuring 4 bedrooms and 3 ½ baths with over 4,700 square feet of living space currently offered for $1,250,000. On the contrary, the cheapest home newly listed is a 3 bedroom 2 bath bank-owned property listed for only $22,500 – just over $16.00 per square foot – located in Midpark-Heights. All 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 – 11 with an average sales price of $92,036
33803 – 14 with an average sales price of $292,445
33805 – 11 with an average sales price of $144,774
33809 – 19 with an average sales price of $161,788
33810 – 33 with an average sales price of $149,160
33811 – 10 with an average sales price of $174,165
33812 – 05 with an average sales price of $142,124
33813 – 25 with an average sales price of $222,346
33815 – 01 with listed sales price of $34,900
Bi-weekly update on distressed properties in Lakeland
A total of 488 properties are currently actively being marketed that are facing foreclosure. There were 47 Lakeland homes newly listed in the distressed category with average prices of $128,183 or $71.97 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.
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