Blog Post, Lakeland Market Reports

Lakeland Florida Homes for Sale – Weekly Update on New Listings 03/01/09 – 03/07/09

Hi folks! Here are the numbers of my weekly update. The numbers of homes newly marketed have increased from the previous week of 71 homes to 84 homes listed with area Realtors®. The average sales price for the newly listed homes dipped to $188,280 or $96.89 per square foot from the previous week as well. Currently, Lakeland’s total inventory as of Wednesday, March 11^th, 2009 slightly decreased to 2,199 homes listed for sale. The average sales price is $214,563 and with an average size of a home is 1,865 square feet, which calculates to $115.05 per square foot.

1 ½ duplex listed at $88,000

6 condominiums listed with an average sales price of $135,966

4 mobile homes listed with an average sales price of $96,500

5 Townhomes/Villas listed with an average sales price of $169,060

68 single family homes with an average price of $201,182

The priciest home that came newly on the market is a 2007 luxury pool home located in the Eaglebrooke Golf Community; featuring 5 bedrooms and 4 baths with over 4,700 square feet of living space currently offered for $1,175,000.  On the contrary, the cheapest home newly on the market is a 3 bedroom 1 bath bank-owned fixer-upper listed for only $19,900 – $17.21 per square foot.

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 – 09 with an average sales price of $113,261

33803 – 16 with an average sales price of $218,275

33805 – 05 with an average sales price of $131,760

33809 – 10 with an average sales price of $169,660

33810 – 17 with an average sales price of $125,511

33811 – 05 with an average sales price of $191,540

33812 – 04 with an average sales price of $191,125

33813 – 16 with an average sales price of $306,043

33815 – 02 with an average sales price of $97,900

Weekly update on distressed properties in Lakeland

A total of 494 properties are currently facing foreclosure. Newly listed were 28 Lakeland homes for sale in the distressed category with average prices of $108,900 or $65.29 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3^rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.

For more information on the location of the properties newly listed in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.

Would you like to do your own search for properties? Look no further, click on the “Search for Homes” icon or contact me directly at (863) 619-6918.

Copyright © 2009 http://www.petranorris.com| All Rights Reserved

Lakeland Florida Homes for Sale – Weekly Update on New Listings 03/01/09 – 03/07/09

Petra Norris – Realtor®

Licensed Florida Real Estate Broker

CDV TransAtlantic, Inc.

P.O. Box 92050 – Lakeland, FL 33804-2050

Telephone (863) 618-6919

I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact me at 863-619-6918. If you’re new to Lakeland, I’d especially like to extend a warm welcome. I value my clients and provide them with honest, reliable service. Allow me to introduce you to the Lakeland real estate landscape and all it has to offer.

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3. Lakeland Florida Homes for Sale – Weekly Update on New Listings 02/15/09 – 02/21/09
4. Lakeland Florida Homes for Sale – Weekly Update on New Listings 03/22/09 – 03/28/09
5. Lakeland FL Homes for Sale – Bi-weekly Update on New Listings 08/24/09-09/06/09