Full Size Map Lakeland FL New Home Listings 08/10 – 08/23
The report from Petra Norris at Lakeland Florida Living…
Bi-weekly update for the Lakeland real estate market! – Currently, there are 1942 homes for sale throughout Lakeland – as of 08/27/09. The homes newly listed for sale increased a bit from two weeks ago to 134 homes in Lakeland with an average sales price of $184,796 or $92.49 per square foot with area Realtors®. Although the Lakeland real estate inventory is slightly decreasing from week to week, I noticed an increase of luxurious homes coming on the market. During the first quarter, only 4 homes priced over $1 million entered the Lakeland Real Estate market, while the second quarter produced an additional 10 homes, totaling 22 Lakeland homes for sale priced over $1,000.000.
The types of homes and average prices just listed in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:
1 duplex unit listed for $125,000
8 condos listed with an average sales price of $162,075
8 mobile homes listed with an average sales price of $77,050
3 Townhomes/Villas listed with an average sales price of $138,266
114 single family homes with an average price of $195,700
Another million dollar home – the priciest home that came newly on the market here in Lakeland, Florida is a 2005 custom luxury pool home built by Olivera Construction; featuring 4 bedrooms and 4 ½ baths with over 5,500 square feet of living space currently offered for $1,485,000. On the contrary, the cheapest home newly listed is a 3 bedroom 1 bath bank-owned property listed for only $21,900 – just over $20.00 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 – 08 with an average sales price of $90,262
33803 – 16 with an average sales price of $186,600
33805 – 08 with an average sales price of $62,887
33809 – 16 with an average sales price of $156,887
33810 – 30 with an average sales price of $156,550
33811 – 17 with an average sales price of $145,661
33812 – 10 with an average sales price of $221,735
33813 – 23 with an average sales price of $352,126
33815 – 06 with an average sales price of $107,116
Bi-weekly update on distressed properties in Lakeland
A total of 425 properties are currently actively being marketed that are facing foreclosure. There were 51 Lakeland homes newly listed in the distressed category with average prices of $133,256 or $92.25 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.