Plant City Florida Homes for Sale

Plant City Homes for Sale in Hillsborough County in Florida is an exclusive beautiful place to raise a family in the much desired area of central Florida.
 
Plant City Homes for sale in this area  are  made up of single family homes, town homes, condos and much more.   You will find no cookie cutter homes in this community, they are all unique in style, layout, and have various features to accommodate the different needs and lifestyles of everyone.This Rural area offers a peaceful and tranquil atmosphere with its lush green landscaped properties, tree lined streets and highly maintained homes.  Here in Plant City  you will  enjoy the unmatched beauty and Florida charm that this area has to offer. Homes are infused with scenic farms, horse farms and natural preserve areas of the community.Plant City homes for sale where built in the mid 1980’s until  current. Prices in this community range from the mid  $100’s to the $350’s.  Usually homes here feature 3 to 5 bedrooms and come with 2 to 3 car garages.  This great country environment is a safe place for residents, whatever stage of life you are in.This unique area  offers you a haven away from the hustle and bustle of the big city.  This location is convenient to Interstate 4 (I-4)  Plant City is located between Brandon and Lakeland Florida.  Plant City is roughly 30 miles from Tampa and 45 minutes to Orlando Florida. You will find that you are convenient to the beach with only an approximate ride of only 30 minute.

Plant  City homes for sale is convenient to every thing that you will need  close to home.  There are grocery stores, banks,  Medical facilities, schools and access to I-4 all very conveniently located.

Plant City homes for sale come with a history of its own. Plant City was named after Henry B. Plant.  People normally think that Plant City was named after the reputation that it has for being the Strawberry Capital of the world. There are also other amazing plants, fruits, and veggies that are grown here.  There are many nurseries and farms that are able to grow these foods year round because of the perfect climate.

There are many attractions in the surrounding area of Plant City. There are more than 550 freshwater lakes,  scenic rivers, and man made water features where locals and residents find fishing and water sports a popular past time.  You will also enjoy the annual Strawberry festival that is held here in Plant City.

For the arts and culture lovers and those fascinated with historical areas you will find that there is a rich and diverse selection of things to experience and admire. You can catch a movie at one of the unique movie theaters  you can enjoy their unique forms of art in many of the surrounding areas of Plant City.

You will enjoy living here while never having to sacrifice the convenience of the everyday necessities.  This is the perfect place to call home…Come and see why living here makes coming home the best part of your day!

For more information on Plant City homes for sale  and other properties in the area  click here.

When you are in the market for selling your Lakeland area home, the most important step is to remove unwanted items from unwanted children toys to things you have not touched in months. Keep your home nice and tidy will go a long way and it does not have to be expensive.

Keeping children toys in a box and stowed away during a showing and removing extra clutter will go a long way. After you move into your new home, you and your children can enjoy the toys and treasures again.

Let me share with you some positive signs in the Lakeland Real Estate market. First of all, since January there has been a constant, but moderate increase in the amount of homes sold and average home sold prices, which has echoed through March 2009.

While the average sales price of $135,889 ($71.51 per sq.ft.) for March fell 19% from the previous year, it showed a sensible increase of 2 ¼% from the previous month. There was also an increase in properties sold, 152 Lakeland properties were sold in March compared to 125 homes sold the previous month. The last time we have seen about that many homes sold in Lakeland was September 2008 – 157 homes sold to be exact.

lakelandaversoldgraphytdmarch2009

What is selling in Lakeland?

It is still the same for the past few month, the distressed homes and more importantly the bank-owned (REO) properties dominate the sales activities here in Lakeland with 68 properties sold in March.

With close to 2485 properties currently for sale and pending, we are experiencing an 18 month of supply for the regular homes and distressed homes.

Let’s break it down for you to see the supply and demand for common properties for sale versus the distressed market.

Common properties only – Inventory active and pending 1815 homes resulting in 24 month of supply.

Distressed properties – Inventory active and pending 671 homes resulting in an 11 month supply.

lakelandsolddataavg_medianspmar09

Take a look at my spreadsheet below. I’ve separated the report by zip code instead of school zones; it gives you a more accurate report in my opinion. The data and graphs 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”. The numbers highlighted in pink represents the zip codes where average sold prices have exceeded.

lakelandsolddatabyzipcodemar09

Which zip codes represents the most sales activities since January 2009?

lakelandhomessoldzipcodemar09ytd

Lakeland Market Report for Distressed Homes

Distressed properties are homes in pre-foreclosure, foreclosure, bank-owned, as well as short sales.

These types of homes continue to dominate our real estate market here in Lakeland Florida as well as throughout Polk County, so it is important for you to see what is driving down the home prices, but more importantly our home values.

Of the 152 homes sold last month in Lakeland, 68 distressed homes were sold with an average sales price of $115,009 ($61.87 per sq.ft.) compared to only 25 homes that were sold the previous year, due to Short Sales and/or Foreclosures.  A side note for you, 51 out of 68 properties were bank-owned (REO) and these homes make up almost 50% in total sales in Lakeland, Florida.

There are currently 487 homes facing foreclosure.

184 homes are in pending status waiting for bank or lender approval to close.

So, are we out of the Woods yet?

Not so fast! Although buyers starting to jump over the fence, there is still fear, not necessarily about buying a home, but perspective buyers fearing job security and the economy itself.  With increased home prices and home sales, the average sold price compared to the list price was only 92% and that was only the first quarter of the year; we still have three quarters left. Until sellers come to the realization that home prices are still in need to being adjusted the buyer is continuing to sit on the other side of the fence.

For more information on the location of these sold properties in Lakeland, price and size of the home click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.

Let’s take a look at last month sold report for the surrounding cities in Polk County:

Winter Haven – 72 properties sold – average sold price $98,157 – average $58.49 per sq.ft.

Bartow – 13 properties sold – average sold price $114,181 average $61.81 per sq.ft.

Mulberry – 18 properties sold – average sold price $110,513 – average $59.19 per sq.ft.

Auburndale – 20 properties sold – average sold price $111,940 – average $69.38 per sq.ft.

Polk City – 8 properties sold – average sold price $124,687 – $81.99 per sq.ft.

Lake Alfred – 7 properties sold – average sold price $104,428 – $59.02 per sq.ft.

If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com or click the search button below.

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