Lakeland Homes Newly Listed May 2010

We have two maps today to cover the newly listed homes for May 2010.

Homes Listed May 1st to May 15

CommunityWalk Map – Lakeland FL New Home Listings 2010 05/01 – 05/15

Full Size Map Lakeland FL New Home Listings 2010 05/01 – 05/15

The report from Petra Norris at Lakeland Florida Living

Hi folks! A quick update for the Lakeland Real Estate market that were newly listed from May 1st through May 15th, 2010. A total of 148 Lakeland FL homes for sale were recently listed with area Realtors® with an average listing price of $151,001, a decrease of about 10% in list price from my previous report.

The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:

5 condos listed with an average sales price of $126,920
9 mobile homes listed with an average sales price of $66,728
11 townhomes/villas listed with an average sales price of $102,991
123 single family homes with an average sales price of $162,473

Lakeland’s newest homes listed! The priciest home listed for this time period is a 2002 custom built 4 bedroom 5 1/2 baths home with over 4,000 square feet of living space. The home is situated in the WF Hallam neighborhood and is offered at $829,000. On the contrary, the cheapest Lakeland home listed for this time period is a 3 bedroom 2 baths mobile home – HUD property – in the Pioneer Trails neighborhood. It is offered at $24,000, just over $20.00 per square foot.

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 – 16 with an average sales price of $65,619
33803 – 17 with an average sales price of $149,271
33805 – 10 with an average sales price of $85,500
33809 – 10 with an average sales price of $140,500
33810 – 33 with an average sales price of $123,103
33811 – 19 with an average sales price of $175,942
33812 – 06 with an average sales price of $153,266
33813 – 35 with an average sales price of $229,379
33815 – 02 with an average sales price of $733,750

There were 65 Lakeland property newly listed in the distressed category of short sales and bank owned with an average price of $105,885 or $61.05 per square foot.

Homes Listed May 16th to May 31st

CommunityWalk Map – Lakeland FL New Home Listings 2010 05/16 – 05/31

Full Size Map Lakeland FL New Home Listings 2010 05/16 – 05/31

The report from Petra Norris at Lakeland Florida Living

A total of 130 Lakeland FL homes for sale were recently listed with area Realtors®. The average sales price of Lakeland homes for sale increased to $170,039.45 from my previous report. The total inventory of Lakeland real estate is 1912 as of 6/10/2010.

The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:

2 duplex listed with an average sales price of $45,000
3 condos listed with an average sales price of $191,467
6 mobile homes listed with an average sales price of $51,900
2 townhomes/villas listed with an average sales price of $64,900
117 single family homes with an average sales price of $178,526

Lakeland’s newest homes listed! The priciest home listed for this time period is a 1998 pool home that features 3 bedroom 3 baths home with over 3,100 square feet of living space. The home is situated on Scott Lake and is offered at $899,000. On the contrary, the cheapest Lakeland home listed for this time period is a 2 bedroom 1 bath bank owned home in the Floridena subdivision. It is offered at $24,750, just over $30.00 per square foot.

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 – 15 with an average sales price of $67,819
33803 – 14 with an average sales price of $154,593
33805 – 09 with an average sales price of $133,070
33809 – 14 with an average sales price of $150,814
33810 – 23 with an average sales price of $135,283
33811 – 12 with an average sales price of $143,318
33812 – 05 with an average sales price of $142,140
33813 – 36 with an average sales price of $271,333
33815 – 02 with an average sales price of $152,250

Update on distressed homes in Lakeland

A total of 619 Lakeland homes are currently actively being marketed that are facing foreclosure. There were 56 Lakeland homes newly listed in the distressed category as Bank Owned and Short Sale with an average price of $114,274 or $63.25 per square foot.

May Update on “Sold & Pending” for Lakeland Real Estate

217 Lakeland homes were sold in May with an average sales price of $120,955. There are currently 512 Lakeland homes in “pending” status awaiting to close according to the Multiple Listing. Check back soon for my detailed market report for Lakeland homes sold in May.