Lakeland Homes Listed for Sale from 07/27 to 08/09

CommunityWalk Map – Lakeland FL New Home Listings 07/27 – 08/09

Full size map: Lakeland FL New Home Listings 07/27 – 08/09

The report from Petra Norris at Lakeland Florida Living

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 listed 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
33803 – 14
33805 – 11
33809 – 19
33810 – 33
33811 – 10
33812 – 05
33813 – 25
33815 – 01

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”.