Just Listed – Lakeland real estate weekly update! There were 66 homes newly listed in Lakeland with an average sales price of $170,776 or $89.64 per square foot with area Realtors®, a small decrease of 4 homes listed from the previous week. While the total inventory continued showing a decline this week (2109 properties as of Thursday, May 7^th) in Lakeland, the types of homes being actively marketed changes daily according to the Multiple Listing Services (MLS).

Amongst the newly listed properties, here is a breakdown of each property category:

1 duplex listed for $32,500

3 condos listed with an average sales price of $109,633

3 mobile homes listed with an average sales price of $115,666

2 townhomes/villas with an average sales price of $107,500

58 single family homes with an average price of $180,995

The priciest home that was just listed here in Lakeland, Florida is a 1998 Lake Front Pool Home, in the Waterford Subdivision; featuring 3 bedrooms and 3 baths with over 2,500 square feet of living space currently offered for $595,000.  On the contrary, the cheapest home newly on the market is a 2 bedroom 1 bath bank-owned property listed for only $22,000 – under $28.00 per square foot – located in Palma Ceia Court.

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 – 10 with an average sales price of $108,610

33803 – 11 with an average sales price of $197,581

33805 – 04 with an average sales price of $169,000

33809 – 07 with an average sales price of $156,942

33810 – 10 with an average sales price of $184,180

33811 – 03 with an average sales price of $171,583

33812 – 05 with an average sales price of $227,000

33813 – 14 with an average sales price of $190,292

33815 – 02 with an average sales price of $40,750

Weekly update on distressed properties in Lakeland

A total of 477 properties are currently facing foreclosure. There were 19 Lakeland homes newly listed in the distressed category with average prices of $140,721 or average square foot price of $68.41. 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 to begin your Lakeland real estate search – or contact me directly at (863) 619-6918. I’m here to help!