Lakeland Florida Homes for Sale Listed 05/10 to 05/16

CommunityWalk Map – Lakeland FL New Home Listings 05/10 to 05/16

Full Size Map: Lakeland FL New Home Listings 05/10 to 05/16

The report from Petra Norris at Lakeland Real Estate Blog

Lakeland Florida weekly update! The overall total inventory dropped to 2053 properties in Lakeland (May 20, 2009) from the previous week. There were 58
homes newly listed in Lakeland with an average sales price of $164,878 or $93.59 per square foot with area Realtors®. The types of homes and average
prices being actively marketed according to the Multiple Listing Services (MLS) are as follows:

4 condos listed with an average sales price of $186,925
4 mobile homes listed with an average sales price of $80,900
1 Townhome/Villa listed for $129,500
49 single family homes with an average price of $158,821

The priciest home that came newly on the market here in Lakeland, Florida is a 1984 Two-Story Single Family Home with an in ground pool and a view of
Scott Lake in the Lake Point South subdivision; featuring 4 bedrooms and 3 ½ baths with over 3,200 square feet of living space currently offered for
$339,900. On the contrary, the cheapest home newly on the market is a 3 bedroom 1 bath property listed for only $19,900 – under $20.00 per square
foot – located in Webster & Omohundro 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 – 07
33811 – 04
33812 – 02
33813 – 10
33815 – 03

Weekly update on distressed properties in Lakeland

A total of 465 properties are currently actively being marketed that are facing foreclosure. There were 21 Lakeland homes newly listed in the
distressed category with average prices of $153,850 or $79.95 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party
approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short
Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.