Lakeland Florida Homes for Sale Listed 05/03 to 05/09

CommunityWalk Map – Lakeland FL New Home Listings 05/03 to 05/09

Full size map: Lakeland FL New Home Listings 05/03 to 05/09

The report from Petra Norris at Lakeland Real Estate Blog

Lakeland Florida weekly update! The overall total inventory dropped to 2073 properties in Lakeland (May 15, 2009) from the previous week. There were 59 homes newly listed in Lakeland with an average sales price of $164,878 or $93.59 per square foot with area Realtors®, resulting in a decrease of homes listed from the previous week. The types of homes and average prices being actively marketed according to the Multiple Listing Services (MLS) are as follows:

4 duplex units listed with an average sales price of $74,875
2 condos listed with an average sales price of $84,000
6 mobile homes listed with an average sales price of $78,733
47 single family homes with an average price of $186,977

The priciest home that came newly on the market here in Lakeland, Florida is a 1926 Two-Story Single Family Home, a historic landmark in the Dixieland neighborhood; featuring 3 bedrooms and 3 baths with over 3,000 square feet of living space currently offered for $649,900. On the contrary, the cheapest home newly on the market is a 2 bedroom 1 bath property listed for $45,000 – under $23.00 per square foot – located in Chestnut Woods Subdivision.

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 – 06
33803 – 09
33805 – 03
33809 – 14
33810 – 11
33811 – 03
33812 – 00
33813 – 11
33815 – 02

Weekly update on distressed properties in Lakeland

A total of 465 properties are currently actively being marketed that are facing foreclosure. There were 17 Lakeland homes newly listed in the distressed category with average prices of $140,311 or $69.69 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.