Update for the Lakeland real estate market! Currently, there are 1934 homes for sale throughout Lakeland – as of 10/20/09, which remained balanced for the past few weeks. Newly listed homes for the period of October 1^st through October 15^th totaled 185 Lakeland homes recently came on the market. Average sales price of $154,469 or $89.68 per square foot with area Realtors®.

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

7 condos listed with an average sales price of $112,385

16 mobile homes listed with an average sales price of $96,662

8 Townhomes/Villas listed with an average sales price of $89,521

154 single family homes with an average price of $165,762

The priciest Lakeland real estate just listed is a 2008 pool home located in the Crescent Woods subdivision; featuring 4 bedrooms and 4 1/2 baths with over 4,400 square feet of living space currently offered for $895,000.  On the contrary, the cheapest Lakeland home newly listed is a 2 bedroom 1 bath listed for only $10,000 – just under $15.00 per square foot – located in the Palma Ceia Court subdivision.

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 – 17 with an average sales price of $87,235

33803 – 23 with an average sales price of $157,943

33805 – 19 with an average sales price of $123,084

33809 – 33 with an average sales price of $175,256

33810 – 41 with an average sales price of $149,776

33811 – 20 with an average sales price of $179,510

33812 – 06 with an average sales price of $191,700

33813 – 18 with an average sales price of $216,203

33815 – 08 with an average sales price of $70,775

Update on distressed homes in Lakeland

A total of 520 properties are currently actively being marketed that are facing foreclosure. There were 64 Lakeland homes newly listed in the distressed category with average prices of $120,094 or $68.06 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3^rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.

Update on Lakeland Real Estate that have sold

For the period of October 1^st through October 15^th there have been 71 Lakeland homes sold so far with an average price of $119, 974 or $69.08 per sq. ft.

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.

Are you looking for a great deal here in Lakeland, Florida - look no further – it is all right here with a click of your mouse.

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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Related posts:

1. Lakeland Real Estate Housing Report for October 2009
2. Lakeland FL Real Estate Update – Lakeland Homes for Sale for October 16 – October 31, 2010
3. Lakeland FL Homes For Sale – Real Estate Update for August 15th – August 31, 2010
4. Lakeland Real Estate Market Update – 10/16/09-10/31/09
5. Lakeland Real Estate Housing Report for June 2009